Naga Dhunseri Group Ltd has outlined the tax deducted at source (TDS) regulations applicable to the final dividend of ₹2.50 per equity share recommended for the financial year ended March 31, 2026. The company specified that dividend declared is taxable in the hands of shareholders under the Income Tax Act, 2025, and detailed the rates applicable to various categories of members based on their residential status and compliance with documentation requirements.

The Board of Directors recommended the dividend payment at its meeting held on May 28, 2026. The payout is subject to approval by shareholders at the Annual General Meeting scheduled for August 20, 2026. To determine eligibility, the Register of Members and Share Transfer Books will remain closed from August 14, 2026, to August 20, 2026. The record date for dividend entitlement is August 13, 2026.

For resident shareholders, the TDS rate is nil if the aggregate dividend during the financial year does not exceed ₹10,000. If the dividend exceeds this threshold and the shareholder holds a valid PAN, the applicable TDS rate is 10%. In cases where the PAN is invalid, not linked with Aadhaar, or unavailable, the tax deduction rate increases to 20%. Specific exemptions are available for entities such as Mutual Funds, Insurance Companies, and Alternative Investment Funds upon submission of self-declarations and relevant documents.

Non-resident shareholders, including Foreign Institutional Investors (FIIs) and Foreign Portfolio Investors (FPIs), are subject to a TDS rate of 20% plus applicable surcharge and cess. These shareholders may opt for the lower Tax Treaty rate if the Double Taxation Avoidance Agreement (DTAA) provisions are more beneficial. To claim this rate, shareholders must submit a Tax Residency Certificate, Form 10F, and a self-declaration confirming their tax residency status and beneficial ownership. The company clarified that it is not obligated to apply beneficial DTAA rates if the documentation is incomplete or unsatisfactory.

The company mandated that dividend payments to security holders holding shares in physical form will be made only through electronic mode. This requires shareholders to furnish PAN, nomination details, contact information, and bank account details. Failure to update KYC details will result in the dividend being withheld. Shareholders holding shares in demat form must ensure their bank details are updated with their depository participants.

All documents required for tax relief, such as PAN, Form 121, and Form 10F, must be submitted via the specified online links by 23:59 hours on August 13, 2026. The company emphasized that documents submitted prior to this communication or through other modes such as email or hand delivery will not be considered. Post-payment, TDS certificates will be emailed to members, and credits will be available in Form 26AS.

Naga Dhunseri Group Limited reported a consolidated net loss of ₹1,047.03 lakh for the financial year ended March 31, 2026, a reversal from the net profit of ₹2,722.22 lakh recorded in the previous year. The standalone financial results for the year also reflected a net loss of ₹1,088.02 lakh. Despite the losses, the Board of Directors has recommended a dividend of ₹2.50 per share, representing a 25% payout on equity shares with a face value of ₹10 each, subject to shareholder approval at the upcoming Annual General Meeting.

The Board, in its meeting held on May 28, 2026, approved the annual audited standalone and consolidated financial results. M/s. Dhandhanias & Associates, the Statutory Auditors, issued an audit report with an unmodified opinion on these results. Additionally, the Board re-designated Mrs. Bharati Dhanuka as the Vice Chairperson of the company with immediate effect.

Financial Performance

The company's consolidated total income for FY26 stood at ₹50,362.90 lakh, a substantial increase from ₹7,130.99 lakh in the previous year, driven largely by a rise in revenue from the Tea segment. However, total expenses also surged to ₹52,199.59 lakh from ₹5,761.12 lakh in FY25. The Tea segment reported a revenue of ₹47,116.00 lakh for the year, while the Treasury operations reported a negative revenue of ₹785.80 lakh due to net losses on fair value changes.

The standalone results showed a total income of ₹(688.67) lakh for the year, compared to ₹3,674.61 lakh in FY25. The decline was primarily attributed to net losses on fair value changes of investments, which amounted to ₹(1,166.90) lakh for the year.

Dividend and AGM Details

The company has fixed Thursday, August 13, 2026, as the record date to determine shareholder eligibility for the dividend payment. The Register of Members and Share Transfer Books will remain closed from Friday, August 14, 2026, to Thursday, August 20, 2026, for the purpose of the dividend payment and the 108th Annual General Meeting, which is scheduled to be held on Thursday, August 20, 2026.

The intimation regarding the financial results and the Board meeting outcome was submitted to the National Stock Exchange of India Ltd. pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.