India Glycols Limited has announced an interim dividend of Rs. 7.50 per equity share for the financial year 2025-26, representing a dividend rate of 150% on shares with a face value of Rs. 5 each. The Board of Directors approved this dividend declaration at their meeting held on March 17, 2026.

Dividend Payment Details

The interim dividend will be distributed to eligible shareholders based on their holdings as recorded on the designated record date. Key payment parameters include:

Electronic Payment Mandate

Following amendments to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 effective from November 19, 2025, India Glycols Limited will process all dividend payments exclusively through electronic mode. The company has completely discontinued payable-at-par warrants, cheques, and drafts for dividend distributions.

Shareholders must ensure their bank account details, including IFSC codes and KYC information, are updated with their respective Depository Participants for dematerialized shares or with the company's Registrar and Transfer Agent (RTA) for physical shares. Dividend payments will be withheld for shareholders with incomplete KYC documentation.

Tax Deduction at Source (TDS) Framework

India Glycols Limited has outlined comprehensive TDS provisions applicable to different shareholder categories, following Income Tax Act requirements as amended by Finance Act 2020. The company will deduct tax at source based on shareholder residential status and category:

Resident Individual Shareholders

Non-Resident Shareholders

Non-resident members face a standard TDS rate of 20% plus applicable surcharge and cess under Section 195. However, beneficial rates may apply under Double Tax Avoidance Agreements (DTAA) upon submission of required documentation including Tax Residency Certificate, Form 10F, and declarations regarding permanent establishment status.

Documentation and Compliance Requirements

Shareholders seeking beneficial tax treatment must submit relevant documents to the company at compliance.officer@indiaglycols.com and to MCS Share Transfer Agent Limited at admin@mcsregistrars.com by the record date of March 23, 2026. The company emphasizes that no TDS-related communications will be considered after this deadline.

Required documentation varies by shareholder category and includes PAN details, exemption certificates, residential status declarations, and specific forms for different investor types such as mutual funds, insurance companies, and foreign portfolio investors.

India Glycols Limited has officially declared an interim dividend of ₹7.5 per equity share for the financial year 2025-26, following the conclusion of its board meeting on March 17, 2026. The company has fixed Monday, March 23, 2026 as the record date for determining shareholder eligibility for the interim dividend payment.

Board Meeting Outcome and Dividend Declaration

The board meeting, conducted pursuant to Regulation 30 and Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, commenced at 15:33 hours and concluded at 15:48 hours. The interim dividend represents 150% of the face value of ₹5 per equity share.

Shareholder Eligibility and Payment Timeline

The interim dividend will be paid within 30 days from the date of declaration to shareholders whose names appear in the Register of Members of the Company or in the records of the Depositories as beneficial owners as on the record date. This follows the company's earlier notification dated March 10, 2026, regarding the board meeting schedule.

Regulatory Compliance and Communication

The announcement was communicated to both BSE Limited and National Stock Exchange of India Limited through reference number IGL/SE/2025-26/90 dated March 17, 2026. The communication was signed by Ankur Jain, Head (Legal) & Company Secretary, and has been hosted on the company's official website at www.indiaglycols.com for stakeholder reference.