Jubilant Ingrevia sets August 14 deadline for dividend TDS documents

3 min read     Updated on 01 Aug 2026, 06:32 PM
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Jubilant Ingrevia communicated TDS rules for its FY26 final dividend of ₹2.50 per share, urging shareholders to submit documents by August 14, 2026. The total dividend for FY26 is ₹5.00 per share. Residents can avoid withholding if dividends are under INR 10,000 or by submitting Form 121/exemption proofs. Non-residents must provide TRCs and Form 41 for treaty benefits, facing 20% withholding otherwise.

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Jubilant Ingrevia has issued a communication to shareholders detailing the Tax Deduction at Source (TDS) procedures for its proposed final dividend of ₹2.50 per equity share for FY26. The company urges investors to submit requisite declarations and documents by Friday, August 14, 2026, to ensure accurate withholding and avoid higher tax deductions. This disclosure follows the Board’s recommendation of the dividend on May 26, 2026, which is subject to shareholder approval at the 7th Annual General Meeting (AGM) scheduled for August 26, 2026.

The final dividend, combined with an interim payment of ₹2.50 per share already made during FY26, brings the total payout for the financial year ended March 31, 2026, to ₹5.00 per share. The record date for determining entitlement is fixed as Friday, July 24, 2026. Dividends will be paid electronically in compliance with SEBI regulations notified in November 2025 and February 2026; physical warrants or cheques are no longer issued. Shareholders must ensure their KYC details, including bank accounts linked to Aadhaar, are updated with their Depository Participant or Registrar and Transfer Agent (RTA), Alankit Assignments Limited, to facilitate seamless receipt of funds.

Withholding Tax Rates for Resident Shareholders

Under the Income-tax Act, 2025, Jubilant Ingrevia will withhold taxes based on the shareholder’s residential status and documentation. For resident individual shareholders, no tax will be deducted if the total dividend received during Tax Year (TY) 2026-27 does not exceed INR 10,000. Other resident shareholders face varying withholding rates depending on PAN validity and exemption claims.

Shareholder Category Withholding Tax Rate Required Documents
Resident with valid PAN (no exemption) 10% None
Resident with no/invalid PAN (no exemption) 20% None
Individual submitting Form 121 Nil PAN copy, Form 121 declaration
Entities exempt under Section 393(4)/(5)/(6) Nil PAN copy, Self-declaration, Supporting evidence
Lower/Nil tax certificate holders As per certificate Lower tax certificate from Income Tax Dept

Shareholders seeking nil or lower deduction must submit self-attested copies of PAN cards, relevant forms (such as Form 121), and registration certificates via email to ingrevia.dividend@jubl.com . The company reserves the right to verify PAN numbers against National Securities Depository Ltd. (NSDL) records and may apply a higher withholding rate under Section 397(2b) if information is missing or inconsistent.

Guidelines for Non-Resident Investors

Non-resident shareholders, including Foreign Institutional Investors (FIIs) and Foreign Portfolio Investors (FPIs), are subject to a standard withholding rate of 20% plus applicable surcharge and cess, unless they qualify for a beneficial rate under an applicable Double Taxation Avoidance Agreement (DTAA). To avail treaty benefits, non-residents must submit a Tax Residency Certificate (TRC) for TY 2026-27, a self-declaration in online Form 41 filed on the India Income Tax Portal, and declarations confirming no permanent establishment or business connection in India.

Specific exemptions apply to certain entities:

  • Sovereign Wealth Funds and Pension Funds: Eligible for nil withholding if they comply with conditions under Serial Number 7 of the Fifth Schedule of the Act and provide relevant CBDT notifications.
  • Category III AIFs in IFSCs: Subject to 10% withholding plus surcharge and cess, requiring SEBI registration proof.
  • Residents of Notified Jurisdictional Areas: Subject to a flat 30% withholding rate with no treaty benefits.

Compliance and Deadlines

All communications regarding tax rate determination must be received by Friday, August 14, 2026. Submissions after this date will not be considered for the current dividend payout. The company will issue soft copies of TDS certificates via email post-payment, allowing shareholders to download tax credit statements from the Income Tax Department’s website. Shareholders holding shares under multiple accounts with different residential statuses will be taxed at the highest applicable rate across all holdings under the same PAN. Any discrepancies in submitted documents may lead to rejection of beneficial rates, with the company deducting tax at the higher statutory rate without further notice.

Historical Stock Returns for Jubilant Ingrevia

1 Day5 Days1 Month6 Months1 Year5 Years
+1.00%-1.25%+20.96%+15.81%-9.24%+24.00%

How might the mandatory shift to electronic dividend payments and Aadhaar-linked bank accounts impact retail investor participation and liquidity for Jubilant Ingrevia?

Will the strict TDS compliance deadlines and higher withholding rates for non-compliant shareholders lead to a temporary dip in trading volume ahead of the August 2026 AGM?

Could the new tax withholding structures under the Income-tax Act, 2025, influence the long-term investment strategy of Foreign Portfolio Investors (FPIs) in Indian chemical stocks?

Jubilant Ingrevia files FY26 BRSR with SEBI-mandated disclosures

2 min read     Updated on 01 Aug 2026, 06:24 PM
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Jubilant Ingrevia Limited's FY26 BRSR highlights strong ESG compliance with zero safety incidents and improved resource efficiency. The company reduced energy intensity to 16.78 GJ/MT and GHG emissions to 1.49 tCO2e/MT, exceeding internal targets. With ₹43,880.65 million in turnover, the firm maintains robust governance, including no regulatory penalties and full health insurance coverage for permanent staff.

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Jubilant Ingrevia Limited filed its Business Responsibility and Sustainability Report (BRSR) for FY26 with the Bombay Stock Exchange and National Stock Exchange on August 1, 2026. The submission, mandated under Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, provides stakeholders with a comprehensive overview of the company’s environmental, social, and governance (ESG) performance. For investors and analysts, the report serves as a critical benchmark for assessing operational resilience, regulatory compliance, and long-term sustainability strategies within the specialty chemicals sector.

The filing covers consolidated operations, including Indian subsidiaries but excluding foreign subsidiaries and associates. As of the end of FY26, Jubilant Ingrevia reported a turnover of ₹43,880.65 million and a net worth of ₹31,262.17 million. The company operates six manufacturing plants and eight offices in India, serving customers across 25 states domestically and 62 countries internationally. Exports accounted for 44.32% of total turnover. The workforce comprises 1,951 permanent employees and 1,478 workers, with women representing 7.2% of the total employee base.

Safety and Human Capital

Safety remains a core priority, with the company reporting zero fatalities and a Lost Time Injury Frequency Rate (LTIFR) of 0 for both employees and workers in FY26. No high-consequence work-related injuries were recorded. The company achieved 100% coverage for health insurance among permanent employees. Training initiatives reached 97% of employees on health and safety measures, while 49% received skill upgradation training. Union membership stood at 11.74% for permanent employees and 95.73% for permanent workers.

Metric FY26 Value
Turnover ₹43,880.65 million
Net Worth ₹31,262.17 million
Total Employees 1,951
Total Workers 1,478
LTIFR (Employees) 0
LTIFR (Workers) 0
Fatalities 0

Environmental Performance

Jubilant Ingrevia reported a reduction in specific energy consumption to 16.78 GJ/MT, beating its target of 17.1 GJ/MT. Specific GHG emission intensity decreased to 1.49 tCO2e/MT, surpassing the target of 1.51 tCO2e/MT. Water intensity improved to 6.27 m3/MT against a target of 6.4 m3/MT. The company maintains Zero Liquid Discharge (ZLD) at three of its five manufacturing sites. Renewable energy now constitutes 25% of the power mix at key sites through a partnership with O2 Renewables.

Environmental Metric Target Achievement
Specific Energy Consumption (GJ/MT) 17.1 16.78
Specific GHG Emission (tCO2e/MT) 1.51 1.49
Specific Water Consumption (m3/MT) 6.4 6.27
Renewable Energy Share 25% 25%

Governance and Stakeholder Engagement

The company recorded no fines, penalties, or regulatory actions during FY26. Zero complaints were filed regarding conflict of interest or bribery. Customer complaints totaled 14, all resolved by year-end. The Board includes two women directors (16.67%), and one woman Key Managerial Personnel (20%). CSR initiatives, managed through the Jubilant Bhartia Foundation, focused on healthcare, education, and livelihoods, benefiting over 1.2 lakh individuals. The company adheres to ISO 14001, ISO 45001, and ISO 27001 standards across relevant operations.

Historical Stock Returns for Jubilant Ingrevia

1 Day5 Days1 Month6 Months1 Year5 Years
+1.00%-1.25%+20.96%+15.81%-9.24%+24.00%

How might the expansion of Zero Liquid Discharge (ZLD) from three to the remaining two manufacturing sites impact Jubilant Ingrevia's operational costs and ESG valuation in FY27?

Given that exports account for 44.32% of turnover, how could evolving international carbon border adjustment mechanisms affect the company's competitive positioning in its 62 export markets?

What strategic initiatives is Jubilant Ingrevia planning to address the low female representation (7.2%) in its workforce to meet future diversity benchmarks?

More News on Jubilant Ingrevia

1 Year Returns:-9.24%