Nava Limited sets August 7 record date for ₹5.50 final dividend
Nava Limited proposes a ₹5.50 per share final dividend for FY25-26, with a record date of August 07, 2026. Shareholders must complete KYC and TDS formalities with KFin by August 13, 2026. The payout awaits approval at the AGM on August 14, 2026, and will be paid electronically.

*this image is generated using AI for illustrative purposes only.
Nava Limited has set August 07, 2026 as the record date for its proposed final dividend of ₹5.50 per equity share for the financial year 2025–26. The Board of Directors recommended the payout during its meeting on May 15, 2026, pending shareholder approval at the 54th Annual General Meeting scheduled for August 14, 2026. If approved, the company will disburse the dividend within 30 days of the AGM exclusively via electronic mode, in compliance with SEBI directives.
To facilitate direct bank transfers, shareholders must ensure their details are updated with the Registrar and Transfer Agent, KFin Technologies Limited, or their Depository Participant. The critical deadline for submitting Tax Deduction at Source (TDS) declarations, KYC documents, and beneficial ownership forms is August 13, 2026. Failure to provide valid Permanent Account Number (PAN) linked with Aadhaar, or incomplete bank details, may result in delayed payments or higher TDS deductions under the Income-tax Act, 2025.
Dividend Payout Details
The dividend applies to equity shares with a face value of Re. 1 each. Eligibility is determined based on holdings as of the close of business on Friday, August 07, 2026.
| Parameter | Detail |
|---|---|
| Dividend Amount | ₹5.50 per share |
| Record Date | August 07, 2026 |
| AGM Date | August 14, 2026 |
| RTA | KFin Technologies Limited |
| Submission Deadline | August 13, 2026 |
TDS Provisions and Shareholder Actions
Under the Income-tax Act, 2025, Nava Limited is mandated to deduct tax at source before disbursing dividends. The applicable rates and exemptions depend on the shareholder's residential status and documentation.
Resident Shareholders
- Standard Rate: A 10% TDS applies under Section 393(1) if a valid PAN is registered.
- Higher Rate: A 20% rate under Section 397(2) applies if PAN is missing or not linked to Aadhaar.
- Exemptions: No tax is deducted if the aggregate dividend does not exceed ₹10,000 during Tax Year 2026–27. Individuals expecting income below the basic exemption limit may submit Form 121 for Nil TDS. Institutional investors such as Mutual Funds and Insurance Companies must submit category declarations with SEBI/IRDA registration certificates.
Non-Resident Shareholders
TDS is withheld at 20% (plus surcharge and cess) under Section 393(2). Non-residents can claim lower rates under Double Tax Avoidance Agreements (DTAA) by submitting:
- Tax Residency Certificate (TRC) for Tax Year 2026–27.
- E-filed Form 41 equivalent.
- Self-declaration of beneficial ownership.
Residents of Singapore must also provide documentation confirming non-applicability of Article 24. All lower withholding certificates under Section 395 must cite the company’s TAN: HYDN00160G.
What This Means for Investors
The strict adherence to the Income-tax Act, 2025, requires proactive compliance from investors. The requirement to link PAN with Aadhaar and submit declarations via KFin’s portal by August 13 creates a narrow window for action. For physical shareholders, the shift to exclusive electronic payments means that missing the KYC update deadline will directly impact the receipt of dividends, highlighting the importance of maintaining current contact and banking information with the RTA.
Historical Stock Returns for Nava
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.16% | +5.19% | -5.90% | +3.45% | -4.21% | +932.56% |
How might the strict August 13 KYC deadline impact short-term trading volumes or liquidity for Nava Limited shares in the days leading up to the record date?
Will the mandatory shift to exclusive electronic dividend disbursements accelerate broader regulatory changes regarding physical share certificates in the Indian market?
How could the new TDS provisions under the Income-tax Act, 2025, influence institutional investment flows into mid-cap companies like Nava Limited?


































