Dhunseri Ventures Limited has scheduled its 110th Annual General Meeting (AGM) for August 18, 2026, at 11:30 a.m. IST via video conferencing. The meeting will be conducted in compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Members can participate through the VC/OAVM facility provided by National Securities Depository Limited (NSDL).

The Board of Directors, at its meeting held on May 26, 2026, recommended a final dividend of ₹1.50 per equity share for the financial year ended March 31, 2026. Shareholders registered as of the record date will be entitled to receive the dividend, subject to approval at the AGM.

The Register of Members and Share Transfer Books will remain closed from August 12, 2026, to August 18, 2026, for the AGM and to determine dividend entitlement. The record date for the purpose of the final dividend is August 11, 2026.

Dividends will be processed only in electronic mode, and payment through warrants or cheques has been discontinued. Shareholders holding shares in physical form must ensure their folios are KYC compliant, including registered PAN, contact details, and bank account details with the company's Registrar and Share Transfer Agent, Maheshwari Datamatics Private Limited. Those holding shares in dematerialised form must update bank details with their depository participants.

The company stated that dividend income is taxable in the hands of shareholders under the Income-tax Act, 2025, and tax at source (TDS) will be deducted as per provisions. No TDS will be deducted on dividend payable to resident individual shareholders if the total dividend received during FY 2026-27 does not exceed ₹10,000.

Key AGM Details

Dhunseri Ventures has detailed the Tax Deduction at Source (TDS) provisions applicable to the final dividend of Rs 1.50 per share for the financial year 2025-26. The dividend, recommended by the Board on May 26, 2026, is payable following approval at the Annual General Meeting scheduled for August 18, 2026. The Register of Members will remain closed from August 12, 2026, to August 18, 2026, with the record date set for August 11, 2026, to determine shareholder eligibility.

Under the Income Tax Act, 2025, as amended by the Finance Act, 2026, dividend income is taxable in the hands of shareholders. Consequently, the company is mandated to deduct TDS at prescribed rates. The communication outlines specific rates and documentation requirements for various shareholder categories to ensure compliance with the new regulations effective April 1, 2026.

For resident shareholders, no TDS applies if the aggregate dividend income during the financial year does not exceed Rs 10,000. If the income exceeds this threshold and the shareholder holds a valid PAN, the TDS rate is set at 10%. A higher rate of 20% applies if the PAN is invalid, not linked with Aadhaar, or if the shareholder fails to provide PAN. Exemptions are available for specific entities such as Mutual Funds, Insurance Companies, and Alternative Investment Funds upon submission of self-declarations and relevant documents.

Non-resident shareholders are subject to a TDS rate of 20%, plus applicable surcharge and cess. This includes Foreign Institutional Investors and Foreign Portfolio Investors. However, non-resident shareholders may opt for the lower Tax Treaty Rate if the Double Tax Avoidance Agreement (DTAA) provisions are more beneficial. To claim this beneficial rate, shareholders must submit a Tax Residency Certificate, Form 10F, and a self-declaration confirming their tax residency status and beneficial ownership by August 11, 2026.

TDS Rates for Resident Shareholders

The company has mandated that dividend payments to security holders holding shares in physical form must be made via electronic mode. This requires shareholders to furnish KYC details, including PAN, nomination, contact details, and bank account information to the Registrar and Transfer Agents, Maheshwari Datamatics Pvt. Ltd. Failure to update these details will result in the dividend being withheld. Shareholders must submit all necessary tax relief documents by 23:59 hours on August 11, 2026, to avail of lower TDS rates or exemptions.