Khaitan Chemicals fixes record date July 14 for dividend
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































