Hitachi Energy India Limited has recommended a final dividend of ₹8 per share for the financial year ended March 31, 2026. The dividend amounts to 400% of the face value of ₹2 per share and is subject to shareholder approval at the Annual General Meeting scheduled for August 28, 2026. The Board has fixed August 21, 2026, as the record date to determine the shareholders entitled to receive the payout.

The company has outlined the tax deduction at source (TDS) rates applicable to the dividend payment, pursuant to the Income Tax Act, 2025, and the Finance Act, 2026. The withholding tax rate varies based on the residential status and category of the shareholder. Resident shareholders must ensure their PAN is valid and linked with Aadhaar to avoid a higher deduction rate. No tax will be deducted if the total dividend distribution during the Tax Year 2026-27 does not exceed ₹10,000 for resident individuals.

Shareholders are required to submit specific declarations and documents to the company by August 14, 2026, to ensure the appropriate tax rate is applied. Failure to provide valid documentation by this deadline will result in the company determining the TDS based on available records, with no opportunity for revision of the TDS return subsequently.

For resident shareholders, the TDS rate is 10% if a valid PAN and Aadhaar are provided, while it rises to 20% for invalid or missing PAN details. Residents can claim nil deduction by submitting Form 121 (previously Form 15G/15H) or other relevant exemptions. Non-resident shareholders face a withholding tax rate of 20%, plus surcharge and cess, unless a beneficial tax treaty rate is applicable. To avail treaty benefits, non-residents must submit a Tax Residency Certificate, Self-Declaration Form 41 (previously Form 10F), and a self-declaration regarding permanent establishment.

The company will issue a soft copy of the TDS certificate to shareholders via email after the dividend payment. Shareholders can download the tax credit statement from the Income Tax Department's website. In the event of a higher tax deduction, shareholders may file a return of income to claim a refund, but no claim lies against the company for taxes deducted as per regulations.

Tax Deduction Rates for Resident Shareholders

Key Deadlines

Hitachi Energy India Limited has closed its trading window for all designated persons, their immediate relatives, and connected persons effective June 16, 2026. This measure is in accordance with the Company's Code of Conduct for Prohibition of Insider Trading and precedes the release of unaudited financial results for the quarter ending June 30, 2026. The closure ensures compliance with regulatory standards to prevent insider trading during the sensitive period preceding financial disclosures.

The trading window will remain shut until two days after the date of the Board Meeting at which the unaudited financial results for the quarter ending June 30, 2026, are considered. This period includes both the meeting date and the subsequent two days. The specific date for the Board Meeting has not yet been finalized and will be communicated to the stock exchanges in due course.

Key Details

The intimation was addressed to the Listing Departments of BSE Limited and National Stock Exchange of India Limited to ensure the information is placed on record. Poovanna Ammatanda, General Counsel and Company Secretary of Hitachi Energy India Limited, signed the disclosure on June 15, 2026.