K.P. Energy details TDS norms for Re.0.25 final dividend payout

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • K.P. Energy fixes record date as September 22, 2026 for FY26 final dividend
  • Final dividend amount is Re.0.25 per equity share of face value ₹5 each
  • Company outlines TDS rates: 10% for residents with PAN, 20% without
  • Non-residents must submit DTAA documents by September 21, 2026 to claim benefits
  • Dividend payout subject to approval at upcoming Annual General Meeting
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K.P. Energy Limited has issued detailed guidelines on Tax Deduction at Source (TDS) for its final dividend of Re.0.25 per equity share for FY26. The record date for determining shareholder eligibility remains September 22, 2026.

The company clarified that dividend income is taxable in the hands of shareholders under the Income-Tax Act, 2025. Consequently, K.P. Energy will withhold tax at prescribed rates before disbursing the payout, subject to approval at the upcoming Annual General Meeting (AGM).

Dividend Details

The Board of Directors recommended the final dividend at a rate of 5% (Re.0.25) per share with a face value of ₹5 each during its meeting on May 7, 2026. The payment will be made electronically to shareholders registered in the depositories or register of members as on the record date.

Parameter Detail
Dividend Amount Re.0.25 per share
Face Value ₹5 per share
Record Date September 22, 2026
Fiscal Year FY26

TDS Provisions for Shareholders

The applicable TDS rates vary based on residential status and documentation provided by shareholders. Resident individuals with valid PANs face a 10% deduction, while those without PAN or with unlinked Aadhaar face a 20% rate under Section 397(2). No tax is deducted if the total dividend received does not exceed ₹10,000 in the tax year or if Form 121 is submitted for higher amounts.

Non-resident shareholders are subject to a 20% withholding tax plus surcharge and cess unless they avail benefits under Double Tax Avoidance Agreements (DTAA). To claim DTAA benefits, non-residents must submit a Tax Residency Certificate, Form 41, and other declarations by the cutoff date.

Submission Deadline and Process

Shareholders must submit relevant tax declaration forms and documents by September 21, 2026. Documents can be sent physically to the Registrar and Transfer Agent, Bigshare Services Private Limited, or via email to designated addresses. Failure to provide complete documentation may result in higher TDS deductions, though refunds can be claimed via income tax returns.

The notice was issued by Nisha Agarwal, Company Secretary & Compliance Officer, on September 5, 2026.

Historical Stock Returns for KP Energy

1 Day5 Days1 Month6 Months1 Year5 Years
-0.85%+1.69%-12.98%-19.89%-46.61%-58.74%

How might the strict TDS documentation deadlines impact shareholder participation rates in K.P. Energy's upcoming AGM?

Could the 5% dividend yield relative to current market interest rates influence institutional investor sentiment towards K.P. Energy shares?

What are the potential cash flow implications for K.P. Energy if a significant portion of shareholders fail to submit Form 121, leading to higher withholding taxes?

K.P. Energy updates authorized KMPs for regulatory disclosures

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • K.P. Energy updates authorized KMPs for materiality determination
  • Changes effective from September 3, 2026
  • Dr. Faruk G. Patel remains Managing Director
  • Ms. Nisha Agarwal listed as Company Secretary & Compliance Officer
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K.P. Energy Limited has updated the list of Key Managerial Personnel authorized to determine materiality and make disclosures to stock exchanges. The changes take effect from September 3, 2026.

The company notified BSE and NSE regarding the updation pursuant to Regulation 30(5) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Authorized Personnel

The following individuals are now authorized for these purposes:

Name Designation
Dr. Faruk G. Patel Managing Director
Mr. Affan Faruk Patel Whole Time Director
Ms. Shabana Ahmed Belim Chief Financial Officer
Ms. Nisha Agarwal Company Secretary & Compliance Officer

Dr. Faruk G. Patel, Mr. Affan Faruk Patel, and Ms. Shabana Ahmed Belim share the registered office address in Surat, Gujarat. Ms. Nisha Agarwal serves as the primary contact for compliance matters.

Historical Stock Returns for KP Energy

1 Day5 Days1 Month6 Months1 Year5 Years
-0.85%+1.69%-12.98%-19.89%-46.61%-58.74%

How might the updated authorization structure impact K.P. Energy's speed and accuracy in responding to future regulatory disclosures?

Does this personnel update signal any broader strategic shifts or leadership transitions within K.P. Energy's management team?

What are the implications of these changes for investors regarding corporate governance standards and compliance oversight at the company?

More News on KP Energy

1 Year Returns:-46.61%