Prince Pipes & Fittings has fixed September 9, 2026, as the record date for its final dividend payment and e-voting cut-off. The company also disclosed the tax deduction at source (TDS) process for the payout.

The firm issued a disclosure to the Bombay Stock Exchange and National Stock Exchange on September 4, 2026, detailing the timeline for shareholder participation and tax compliance. This follows an earlier announcement on September 2 regarding the meeting schedule.

Dividend Details

The Board of Directors recommended a final dividend of ₹1 per equity share of face value ₹10 each for the financial year ended March 31, 2026. This dividend is subject to approval by shareholders at the 39th annual general meeting (AGM).

Meeting and Voting Schedule

The 39th annual general meeting will take place on Wednesday, September 16, 2026. Shareholders holding equity shares on the record date are eligible to vote.

E-voting will open on Sunday, September 13, 2026, at 9:00 am and close on Tuesday, September 15, 2026, at 5:00 pm. Investors must ensure their holdings are registered before the cut-off to exercise voting rights.

The book closure period for the purpose of the AGM runs from Thursday, September 10, 2026, to Wednesday, September 16, 2026, both days inclusive. During this window, transfers of shares will not be processed.

TDS Deduction Process

Prince Pipes has communicated the TDS deduction process for the dividend payment under the Income-tax Act, 2025. The company will deduct tax at applicable rates unless specific exemptions apply.

For resident individuals, no TDS will be deducted if the total dividend received during Tax Year 2026-27 does not exceed ₹10,000. Shareholders with valid Permanent Account Numbers (PAN) registered with depositories or the Registrar and Transfer Agent (MUFG Intime India Private Limited) will face a standard TDS rate of 10%.

Shareholders without a valid PAN or with an invalid PAN will have tax deducted at a higher rate of 20%. Resident individuals can claim exemption by submitting Form 121 along with a self-attested PAN copy.

Non-resident shareholders, including Foreign Institutional Investors (FIIs) and Foreign Portfolio Investors (FPIs), will face a TDS rate of 20% or the rate under the Double Taxation Avoidance Agreement (DTAA), whichever is lower. To avail DTAA benefits, non-residents must submit a Tax Residency Certificate, a self-declaration confirming no Permanent Establishment in India, and electronically filed Form 41.

Document Submission Deadline

Shareholders must submit required tax documents by 5:00 pm on Friday, September 11, 2026. Documents can be uploaded via the company’s designated link or emailed to investor@princepipes.com . Physical documents must be sent to the RTA in Mumbai by this deadline. Failure to submit documents may result in higher TDS deductions, though shareholders can claim refunds via their income tax returns.

Jyoti Sancheti, Company Secretary and Compliance Officer of Prince Pipes, signed the intimation. The company manufactures UPVC, CPVC, PPR, and HDPE pipes, fittings, valves, and water tanks.

Prince Pipes & Fittings has scheduled its 39th Annual General Meeting (AGM) for Wednesday, September 16, 2026, at 11:30 am. The meeting will be conducted through Video Conferencing or Other Audio-Visual Means (VC/OAVM). The Board has proposed a final dividend of Re. 1 per equity share of face value ₹10 each for FY26.

Meeting Details

The company announced the date via a regulatory filing on August 24, 2026, pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Members can participate remotely without physical presence. The notice and annual report for FY26 will be dispatched electronically to registered members. The register of members and transfer books will remain closed from September 10, 2026, to September 16, 2026.

E-Voting and Participation

Shareholders can vote remotely via National Securities Depository Limited (NSDL). The cut-off date for voting rights is Wednesday, September 09, 2026. Remote e-voting will be available from Sunday, September 13, 2026, at 9:00 am until Tuesday, September 15, 2026, at 5:00 pm. Voting during the AGM will also be available via e-voting for those who have not voted remotely.

Members holding physical shares should update details with MUFG Intime India Private Limited. Demat holders must ensure email addresses are updated with their Depository Participants.

Agenda Items

The AGM will transact ordinary and special business, including financial adoption, director appointments, and auditor re-appointments.

Ordinary Business

1. Adoption of Financial Statements: Approval of audited financial statements for FY26 along with Board and Auditor reports.
2. Declaration of Dividend: Declaration of final dividend of Re. 1 per equity share for FY26.
3. Appointment of Director: Re-appointment of Mr. Vipul J. Chheda (DIN: 00013234), who retires by rotation.
4. Re-appointment of Statutory Auditors: Re-appointment of M/s. N.A. Shah Associates LLP for a second term of five years (until the conclusion of the 44th AGM). The proposed remuneration for FY27 is ₹48 lakh excluding taxes and out-of-pocket expenses.

Special Business

The following resolutions require shareholder approval:

• Cost Auditor Remuneration: Ratification of remuneration payable to Ms. Ketki D. Visariya as Cost Auditor for FY27. The proposed fee is ₹3,99,300 per annum plus applicable taxes and expenses.
• Re-appointment of Managing Directors: Re-appointment of Mr. Jayant S. Chheda as Chairman and Managing Director, Mr. Parag J. Chheda as Joint Managing Director, and Mr. Vipul J. Chheda as Executive Director. All three will serve for a further period of three years, commencing August 21, 2026, to August 20, 2029.
• Related Party Remuneration: Re-appointment and increase in monthly remuneration for Mrs. Heena P. Chheda (President – Human Resources) to ₹12,50,649 per month, effective October 1, 2026. Similarly, Mr. Nihar P. Chheda (Vice-President – Strategy) will see his monthly remuneration revised to ₹12,50,549 per month, effective October 1, 2026.

What the Numbers Show

The proposed remuneration structure highlights a significant concentration of leadership within the founding family. The three Whole-Time Directors—Jayant S. Chheda, Parag J. Chheda, and Vipul J. Chheda—are all related parties. Additionally, two other key managerial personnel, Mrs. Heena P. Chheda and Mr. Nihar P. Chheda, are also relatives receiving revised compensation packages effective October 2026. This reinforces the family-controlled nature of the company’s strategic and operational decision-making.