Khaitan Chemicals fixes record date July 14 for dividend

2 min read     Updated on 13 Jun 2026, 05:17 AM
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Khaitan Chemicals & Fertilizers Limited has fixed July 14, 2026, as the record date for a ₹0.05 per share dividend recommended for FY26. The company outlined TDS rates: 10% for residents, 20% for non-residents, and higher rates for invalid PANs. Shareholders must submit forms like Form No. 121 and Form No. 41 by July 14 to ensure correct tax deduction.

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Khaitan Chemicals & Fertilizers Limited has fixed July 14, 2026, as the record date to determine shareholder eligibility for a dividend of ₹0.05 per equity share. The dividend, recommended by the Board for the financial year ended March 31, 2026, is subject to approval at the ensuing 44th Annual General Meeting. The company informed shareholders regarding the tax deduction at source (TDS) implications on the payout.

The Board of Directors recommended the dividend at its meeting held on April 23, 2026. Shareholders holding equity shares as of the record date will be entitled to receive the dividend upon approval. The company stated that dividends are taxable in the hands of shareholders under the Income Tax Act, 2025, and TDS will be deducted at the time of payment.

TDS rates vary based on the residential status of the shareholder and the documents submitted. For resident shareholders, the standard rate is 10%, though exemptions apply if dividend income does not exceed ₹10,000 during Tax Year 2026-27 or if specific forms such as Form No. 121 are submitted. Shareholders without a valid PAN or with an inoperative PAN will face a higher TDS rate of 20%.

Non-resident shareholders are subject to a TDS rate of 20% or the tax treaty rate, whichever is lower. To avail of treaty benefits, non-residents must submit a Tax Residency Certificate (TRC), Form No. 41, and a self-declaration confirming no Permanent Establishment in India. The company emphasized that it is not obligated to apply tax treaty rates if the documentation is incomplete.

Shareholders must submit all necessary tax-related documents, including Form No. 121 and Form No. 41, by July 14, 2026, until 5:00 pm IST. Documents can be emailed to secretarial@kcfl.in or cs@kcfl.in . The company clarified that no requests for TDS revision will be entertained once deducted, and shareholders may claim refunds while filing income tax returns if eligible.

TDS Rates for Resident Shareholders

Category of shareholder Tax Deduction Rate Documentation requirement
Any Resident shareholder 10% Valid PAN required; exemption if dividend income ≤ ₹10,000
Resident individuals submitting Form No. 121 NIL Form No. 121 fulfillment of conditions
Other Resident shareholders without valid PAN 20% Update valid PAN with depositories or RTA

TDS Rates for Non-resident Shareholders

Category of shareholder Tax Deduction Rate Documentation requirement
Any Non-resident shareholder / FII / FPI 20% / Tax Treaty rate Tax Residency Certificate, Form No. 41, self-declaration
Non-residents of Notified Jurisdictional Area 30% NA

Historical Stock Returns for Khaitan Chemicals & Fertilizers

1 Day5 Days1 Month6 Months1 Year5 Years
+0.42%+5.28%+0.31%-31.09%-31.34%+13.16%

How will the strict documentation requirements for TDS exemptions impact foreign investor participation in the upcoming AGM?

Will the company maintain this dividend payout ratio in FY2027 given the modest ₹0.05 per share declaration?

Could the introduction of Form No. 121 set a precedent for other Indian companies regarding dividend tax compliance?

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Khaitan Chemicals promoters hold no encumbrance in FY26

1 min read     Updated on 21 May 2026, 07:26 AM
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Khaitan Chemicals and Fertilizers Limited disclosed that its promoters and promoter group did not encumber any shares during FY26. The declaration was submitted to NSE and BSE on April 2, 2026.

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Khaitan Chemicals and Fertilizers Limited has formally disclosed that its promoters and promoter group have not encumbered any shares held by them during the financial year 2025-2026. The declaration was made by Shailesh Khaitan, Promoter, Chairman & Managing Director, on behalf of the entire promoter group. This disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited, as well as the company's Audit Committee of the Board.

The confirmation was provided in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation requires listed entities to disclose details of any encumbrance created by promoters or persons acting in concert with them. In this instance, the company confirmed that no such encumbrance was made directly or indirectly during the specified financial year.

Key Disclosure Details

The communication addressed to the exchanges and the audit committee outlined the compliance status regarding shareholding. The table below summarizes the key information provided in the disclosure:

Particulars Details
Regulation Regulation 31(4) of SEBI Takeover Regulations, 2011
Financial Year 2025-2026
Encumbrance Status No encumbrance made by Promoters or Promoter Group
Disclosure Date April 2, 2026

The declaration clarified that neither the promoters individually nor the promoter group, along with Persons Acting in Concert (PAC), have pledged or created any charge on the shares owned or held by them. This status applies to the entire duration of the financial year 2025-2026. The disclosure was signed by Shailesh Khaitan, Director & Promoter, bearing DIN 00041247.

Historical Stock Returns for Khaitan Chemicals & Fertilizers

1 Day5 Days1 Month6 Months1 Year5 Years
+0.42%+5.28%+0.31%-31.09%-31.34%+13.16%

How might Khaitan Chemicals and Fertilizers' clean encumbrance record influence institutional investor confidence and potential stake acquisitions in the company going forward?

Could the promoters' decision to maintain unencumbered shares signal plans for organic growth financing rather than debt-backed expansion in the fertilizer sector?

How does Khaitan Chemicals' promoter shareholding stability compare to peers in the Indian agrochemical and fertilizer industry, and what competitive implications might this have?

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1 Year Returns:-31.34%