Dhunseri Ventures fixes record date for dividend

1 min read     Updated on 28 May 2026, 03:24 AM
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Dhunseri Ventures Limited announced August 11, 2026, as the record date for a ₹1.50 per share dividend, pending approval at the 110th AGM on August 18, 2026. The FY26 net profit stood at ₹879.35 crore, supported by a share of profit from investees of ₹1,837.80 crore. The Board also approved re-appointments and corporate guarantees for subsidiary expansion.

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Dhunseri Ventures Limited has fixed Tuesday, August 11, 2026, as the record date to determine member eligibility for the payment of a dividend of ₹1.50 per share. The dividend, equivalent to 15% of the face value of ₹10 each, is subject to shareholder approval at the upcoming Annual General Meeting (AGM). The Register of Members and share transfer books will remain closed from Wednesday, August 12, 2026, to Tuesday, August 18, 2026, for the purpose of the dividend payment and the 110th AGM scheduled for August 18, 2026.

The Board, meeting on May 26, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company reported a consolidated net profit of ₹879.35 crore for FY26, a turnaround driven by a share of profit from equity accounted investees amounting to ₹1,837.80 crore. For the quarter ended March 31, 2026, the company reported a consolidated net profit of ₹24.35 crore, reversing the net loss of ₹87.43 crore in the same period last year.

Financial Performance

Annual revenue from operations for FY26 stood at ₹371.75 crore, compared to ₹422.13 crore in the previous year. Revenue from operations for the quarter ended March 31, 2026, was ₹70.95 crore, down from ₹134.13 crore year-on-year.

Metric (₹ in crore) FY26 FY25
Revenue from Operations 371.75 422.13
Share of Profit from Investees 1,837.80 1,497.82
Net Profit/(Loss) 879.35 1,429.75

Corporate Actions

The Board recommended the dividend and approved the re-appointment of Mrs. Aruna Dhanuka as Managing Director and Mr. Sameer Sah as an Independent Director for a second term of five years, effective from the ensuing AGM. M/s Dhandhania & Associates were re-appointed as Internal Auditors for FY 2026-27. The Board also approved providing a corporate guarantee to Export-Import Bank of India (EXIM Bank) to secure term loans up to Euro 32 million and ₹118 crore for Dhunseri Poly Films Private Limited, a wholly-owned subsidiary, to set up a Brownfield BOPET Line and a Metallizer unit at Panagarh Industrial Park, West Bengal.

Historical Stock Returns for Dhunseri Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
+1.52%-0.08%-1.87%-17.23%-28.80%+26.19%

How will the proposed expansion at Panagarh Industrial Park impact Dhunseri Poly Films' revenue and profitability in the coming years?

What strategies will the company implement to reverse the decline in revenue from operations observed in FY26?

Will the company continue to rely heavily on profits from equity-accounted investees, or are there plans to boost core business earnings?

Dhunseri Ventures Issues TDS Guidelines for ₹3.5 Interim Dividend Payment

2 min read     Updated on 24 Feb 2026, 05:14 PM
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Dhunseri Ventures Limited has provided detailed tax deduction at source guidelines for its interim dividend of ₹3.5 per equity share declared by the Board on February 20, 2026. The company outlined specific TDS rates ranging from nil to 20% for different categories of resident shareholders, while non-resident shareholders face 20% TDS plus applicable surcharge and cess, with DTAA benefits available upon proper documentation submission before the February 27, 2026 record date.

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Dhunseri Ventures Limited has announced comprehensive tax deduction at source (TDS) guidelines for its interim dividend payment following the earlier declaration of ₹3.5 per equity share for financial year 2025-26. The company communicated detailed TDS provisions to shareholders on February 23, 2026, ahead of the record date of February 27, 2026.

Dividend Declaration Details

The Board of Directors declared an interim dividend of ₹3.5 per equity share, representing 35% on face value of ₹10 per share for FY 2025-26. The dividend will be paid to shareholders whose names appear in the company's records on Friday, February 27, 2026.

Parameter: Details
Record Date: Friday, February 27, 2026
Dividend Amount: ₹3.5 per equity share
Face Value: ₹10 per share
Dividend Rate: 35%
Financial Year: FY 2025-26
Board Meeting Date: Friday, February 20, 2026

TDS Provisions for Resident Shareholders

The company outlined specific TDS rates applicable to different categories of resident shareholders under the Income Tax Act, 1961. For resident individual members, no TDS will be deducted if the aggregate dividend amount does not exceed ₹10,000 during the financial year.

Category: TDS Rate Requirements
Dividend up to ₹10,000: NIL No documentation required
With valid PAN (above ₹10,000): 10.00% Valid PAN verification
Without PAN/Invalid PAN: 20.00% PAN submission required
Form 15G/15H submission: NIL Eligible individuals meeting conditions
Section 197 certificate holders: As per certificate Lower withholding tax certificate

Non-Resident Shareholder Guidelines

For non-resident shareholders, the standard TDS rate is 20% plus applicable surcharge and cess. However, Foreign Institutional Investors (FIIs) and Foreign Portfolio Investors (FPIs) can benefit from Double Tax Avoidance Agreement (DTAA) rates if they submit required documentation including Tax Residency Certificate and Form 10F.

Electronic Payment Mandate

SEBI regulations mandate that dividend payments to security holders must be made only through electronic mode. Shareholders are required to update their KYC details with the company's Registrar and Transfer Agents, Maheshwari Datamatics Pvt. Ltd., by submitting completed forms ISR 1, ISR 2, and choice of nomination along with bank details.

Regulatory Compliance and Timeline

The announcement was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. All tax relief documents must be submitted by Friday, February 27, 2026, through the designated online portal. The company emphasized that shareholders who fail to provide required documentation will be subject to higher TDS rates, with the option to claim refunds through income tax returns if eligible.

Historical Stock Returns for Dhunseri Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
+1.52%-0.08%-1.87%-17.23%-28.80%+26.19%

More News on Dhunseri Ventures

1 Year Returns:-28.80%