HB Portfolio declares ₹1.25 interim dividend per share for FY27
HB Portfolio Limited announced an interim dividend of ₹1.25 per share for FY27, approved on August 10, 2026. The record date is August 14, 2026, with electronic payments to follow. The filing outlines TDS procedures under the Income Tax Act, 2025, specifying rates for resident and non-resident investors and documentation deadlines for DTAA benefits.
*this image is generated using AI for illustrative purposes only.
HB Portfolio Limited declared an interim dividend of ₹1.25 per equity share of face value ₹10 each for the financial year 2026-27. The Board of Directors approved the distribution during its meeting on August 10, 2026. Shareholders holding equity shares as on the record date of Friday, August 14, 2026, will be eligible for the payout.
The company will disburse the dividend within 30 days of declaration through electronic mode directly into registered bank accounts. Physical payout options such as dividend warrants or demand drafts have been discontinued in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Tax Deduction at Source Details
Dividend income is taxable in the hands of members under the Income Tax Act, 2025. HB Portfolio will deduct tax at source (TDS) based on the residential status and entity classification of shareholders.
Resident Members
For resident individuals with a valid Permanent Account Number (PAN), TDS is applicable at 10%. If PAN details are not registered, the deduction rate rises to 20% under Section 397(2) of the IT Act, 2025. No tax is deducted if the total dividend received during the tax year does not exceed ₹10,000 or if Form 121 is submitted meeting eligibility conditions.
Other resident entities may avail nil TDS by submitting specific declarations:
| Category of Members | Applicable TDS Rate | Key Documentation Required |
|---|---|---|
| Insurance Companies | Nil | Self-declaration as insurer under Insurance Act, 1938; IRDAI registration certificate |
| AIF (Category I and II) | Nil | SEBI registration certificate; self-declaration of exemption under Schedule V |
| Mutual Funds | Nil | SEBI registration certificate; self-declaration under Schedule VII |
| NPS Trust | Nil | Self-declaration of exemption under Schedule VII; Trust Act compliance |
| Central Act Corporations | Nil | Documentary evidence supporting exemption |
Non-Resident Members
TDS for non-resident members is generally levied at 20% plus applicable surcharge and cess. Shareholders can opt for lower rates under Double Tax Avoidance Agreements (DTAA) by submitting a Tax Residency Certificate, Form 41, and other declarations to the Registrar and Share Transfer Agent (RCMC Share Registry Private Limited) by August 26, 2026.
Compliance and Payment Instructions
Shareholders must link their PAN with Aadhaar to avoid invalidation of their PAN, which would trigger a higher TDS rate of 20%. For beneficial owners different from registered shareholders, a signed Declaration under Rule 203 of the Income Tax Rules, 2026 is required to facilitate tax credit.
Members holding shares across multiple accounts under a single PAN will have the higher applicable tax rate applied to their entire holding. Any lower tax certificates must explicitly feature the company’s TAN: DELH02179C. The company will not process revisions or refunds after tax deduction; members must claim eligible refunds directly from the Income Tax Department while filing annual returns.
Historical Stock Returns for HB Portfolio
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.20% | -1.70% | -1.70% | -1.70% | -1.70% | -1.70% |
How might the strict TDS compliance requirements and PAN-Aadhaar linking mandate impact retail investor participation in HB Portfolio's future dividend payouts?
Will the discontinuation of physical dividend warrants significantly reduce administrative costs for HB Portfolio, thereby improving long-term operational efficiency?
Could the specific nil-TDS exemptions for entities like AIFs and Mutual Funds influence institutional investment flows into HB Portfolio compared to peers with different tax structures?
17
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
