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.

Dhunseri Ventures Limited has executed a corporate guarantee worth ₹118 crs and Euro 32mn for its wholly owned subsidiary, Dhunseri Poly Films Private Limited (DPFPL). The guarantee secures credit facilities from Export-Import Bank of India (EXIM Bank) to support the subsidiary's expansion project. This financial commitment will be recorded as a contingent liability on the company's books.

The guarantee was executed in accordance with the board meeting outcome dated May 26, 2026. It covers a Rupee term loan of ₹118 crs and a Euro-denominated loan of 32mn. The funds are earmarked for setting up a Brownfield BOPET Line with a capacity of 59,200 TPA, which includes a mixed product capacity of 52,561 TPA. Additionally, the financing will support the establishment of a Metallizer unit with a capacity of 10,200 TPA.

The new manufacturing facilities will be located at the Panagarh Industrial Park in West Bengal. The disclosure was made to the exchanges under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Guarantee