Infosys fixes June 10 record date for ₹25 final dividend

2 min read     Updated on 02 Jun 2026, 01:37 AM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Infosys Limited has announced June 10, 2026, as the record date for a final dividend of ₹25 per share, recommended by the Board on April 23, 2026. The payout, subject to shareholder approval at the 45th AGM on June 23, 2026, via video conference, is scheduled for June 25, 2026. The company detailed e-voting procedures, running from June 18 to June 22, and tax deduction protocols for resident and non-resident shareholders, with a document submission deadline of June 11, 2026.

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Infosys Limited has fixed June 10, 2026, as the record date to determine shareholder eligibility for a final dividend of ₹25 per equity share for the financial year ended March 31, 2026. The Board of Directors recommended this payout at its meeting held on April 23, 2026. The dividend is subject to approval by shareholders at the 45th Annual General Meeting (AGM), which will be held via video conference on June 23, 2026, at 4:00 p.m. IST. Once approved, the payment will be disbursed on June 25, 2026.

Key Dates and AGM Details

The company will conduct its 45th AGM through video conference and other audio-visual means in compliance with Ministry of Corporate Affairs General Circular No. 3/2025 and relevant Securities and Exchange Board of India (SEBI) circulars. The Integrated Annual Report for the Financial Year 2025-26 and the AGM notice have been dispatched electronically to shareholders with registered email addresses. Physical copies will not be sent unless specifically requested; instead, a weblink to access the report was provided to those without registered emails on May 30, 2026.

E-Voting Schedule

Shareholders holding shares in physical or dematerialized mode as on the cut-off date of June 16, 2026, are eligible to vote. Remote e-voting commences on June 18, 2026, at 9:00 a.m. IST and concludes on June 22, 2026, at 5:00 p.m. IST. Shareholders who have not cast their vote remotely may vote during the AGM through the e-voting system. Those who vote remotely cannot vote again at the meeting.

Tax Deduction at Source

Dividends declared are taxable in the hands of shareholders under the Income-tax Act, 2025. Consequently, the company will deduct tax at source (TDS) at the time of payment. The applicable TDS rates vary based on the shareholder's residency status and documentation provided.

Resident Shareholders

For resident shareholders, TDS will be deducted under Section 393 of the IT Act 2025 as follows:

Shareholder Category TDS Rate
Shareholders with valid PAN 10%* or as notified by GOI
Shareholders without valid PAN 20% or as notified by GOI

Note: If PAN is not linked with Aadhaar, it will be deemed invalid, and TDS will be deducted at 20%.

No tax will be deducted if the total dividend received during the tax year 2026-27 does not exceed ₹10,000, or if the shareholder submits Form 121 or other prescribed documents to claim lower or nil withholding.

Non-Resident Shareholders

For non-resident shareholders, the withholding tax rate is generally 20% plus applicable surcharge and cess. However, shareholders may opt for benefits under the Double Tax Avoidance Agreement (DTAA) read with the Multilateral Instrument (MLI), if more beneficial. To claim treaty benefits, non-residents must submit documents such as a Tax Residency Certificate for tax year 2026-27, Form 41, and self-declarations regarding permanent establishment and beneficial ownership.

Document Submission Deadline

Shareholders must upload all necessary tax documents to the shareholder portal by June 11, 2026, to ensure the correct TDS rate is applied. No communications regarding tax withholding will be accepted after this date. Shareholders can verify their tax credit in Form 168 (erstwhile Form 26AS) via the income tax e-filing portal.

Historical Stock Returns for Infosys

1 Day5 Days1 Month6 Months1 Year5 Years
-2.61%-1.55%+0.76%-29.62%-31.25%-24.60%

How will the new TDS regulations under the Income-tax Act, 2025, specifically the Aadhaar-PAN linking requirement, impact retail investor participation in Infosys?

What does the recommendation of a ₹25 dividend suggest about Infosys's free cash flow generation and capital allocation strategy for FY27?

Could the shift to fully digital AGM participation and e-voting influence shareholder voting patterns on key resolutions?

Infosys Records ₹24.73 Crore Block Trade on NSE for ~2,03,725 Shares at ₹1213.70

0 min read     Updated on 01 Jun 2026, 01:47 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

A block trade in Infosys shares was executed on the NSE involving approximately 2,03,725 shares at a price of ₹1213.70 per share. The total value of the transaction stood at ₹24.73 crores. Such block deals are generally associated with large institutional participation and are executed to limit market impact.

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A notable block trade in infosys shares was recorded on the National Stock Exchange (NSE), with the transaction aggregating to ₹24.73 crores. The deal involved approximately 2,03,725 shares, executed at a price of ₹1213.70 per share, signalling substantial institutional-level activity in the counter.

Block Trade Details

The key parameters of the NSE block trade are summarised below:

Parameter: Details
Exchange: NSE
Number of Shares: ~2,03,725
Trade Price: ₹1213.70 per share
Total Deal Value: ₹24.73 crores

Block trades of this nature are typically executed outside the regular order book to minimise market impact and are commonly associated with large institutional investors, funds, or significant stakeholders transacting in bulk quantities.

Historical Stock Returns for Infosys

1 Day5 Days1 Month6 Months1 Year5 Years
-2.61%-1.55%+0.76%-29.62%-31.25%-24.60%

What are the potential reasons behind the institutional investor's decision to execute this block trade at this time?

How might this block trade influence Infosys' stock price and trading volume in the upcoming sessions?

Could this transaction signal a shift in institutional sentiment towards the IT sector or Infosys specifically?

More News on Infosys

1 Year Returns:-31.25%