India Shelter Finance Corporation Limited has fixed Friday, June 19, 2026, as the record date to determine shareholder eligibility for a final dividend of ₹10 per equity share for FY 2025-26. The dividend, equivalent to 200% of the face value of ₹5 each, is subject to shareholder approval at the Annual General Meeting scheduled for Thursday, July 16, 2026. The company has communicated that tax will be deducted at source (TDS) as per the Income Tax Act, 2025, and shareholders must submit requisite documents by June 29, 2026, to avail applicable tax benefits.

Tax Deduction and Documentation

The company will deduct TDS at the time of payment, with rates varying based on the shareholder's residential status and category. For resident individuals with valid PAN, the deduction rate is 10%, while those without valid PAN or with inoperative PAN (not linked to Aadhaar) will face a 20% deduction. No tax will be deducted if the aggregate dividend during FY 2026-27 is less than ₹10,000. Shareholders seeking lower or nil deduction must submit valid certificates or declarations, such as Form 121, to the Registrar and Transfer Agent, KFin Technologies Limited, by 5:00 PM IST on June 29, 2026.

Non-Resident Shareholder Provisions

For non-resident shareholders, the standard TDS rate is 20% plus applicable surcharge and cess. A lower rate prescribed in a relevant tax treaty may be applied if the shareholder furnishes specific documents, including a Tax Residency Certificate (TRC) for the period April 2026 to March 2027, self-attested PAN, and Form 41. Tax residents of notified jurisdictional areas will face a 30% deduction. The company emphasized that the application of beneficial treaty rates is discretionary and depends on the completeness of the documentation provided.

Payment and Compliance

The dividend will be paid within 30 days from the date of declaration at the AGM, on or before August 15, 2026. Payments will be made via online transfer to members with updated bank details. The company clarified that if tax is deducted at a higher rate due to incomplete documentation, shareholders must claim refunds from tax authorities, and no claim lies against the company. Shareholders holding shares in demat mode must update details with their depository participants, while physical holders must contact the registrar.

India Shelter Finance has set an ambitious long-term growth target, aiming to reach ₹30,000 crore in gross assets under management (AUM) by 2030. The company has outlined a comprehensive financial roadmap that encompasses strong loan book expansion, healthy profitability metrics, and disciplined credit quality management.

Strategic Growth Targets

The housing finance company has projected annual loan growth in the range of 25–30%, reflecting its intent to scale operations significantly over the coming years. Alongside this expansion, India Shelter Finance aims to deliver a return on equity of approximately 18%, underscoring its focus on maintaining profitability while pursuing growth.

The following table summarizes the key financial targets set by the company:

Credit Quality and Asset Management

A key aspect of India Shelter Finance's growth strategy is its emphasis on maintaining sound credit quality. The company has projected credit costs in the range of 40–50 basis points, indicating a focus on prudent lending practices and portfolio quality as it scales its loan book toward the 2030 milestone.