Voltas Limited has fixed June 12, 2026, as the record date to determine eligibility for a dividend of ₹4 per share for the financial year ended March 31, 2026. The dividend, if declared at the upcoming Annual General Meeting (AGM), will be paid on or after July 3, 2026, subject to tax deduction at source (TDS). The company has scheduled its 72nd AGM for June 30, 2026, at 3:00 p.m. IST via video conferencing to transact business, including the approval of the financial results for the year ended March 31, 2026.

Tax Deduction and Documentation Requirements

To ensure appropriate withholding, the company has outlined specific TDS rates and documentation requirements with a submission deadline of June 12, 2026. For resident shareholders, TDS will be deducted at 10% if a valid Permanent Account Number (PAN) is registered. The rate increases to 20% if the shareholder does not have a PAN or has an inoperative PAN due to non-linking of Aadhaar. Resident individuals are exempt from TDS if the total dividend for the tax year 2026-27 does not exceed ₹10,000 or if Form 121 is submitted declaring nil tax liability.

Non-resident shareholders, including Foreign Institutional Investors (FII) and Foreign Portfolio Investors (FPI), are subject to TDS at 20% plus applicable surcharge and cess, or the tax treaty rate, whichever is lower. To claim treaty benefits, shareholders must submit a self-attested PAN card, a valid Tax Residency Certificate (TRC) for 2026-27, and Form 41 electronically filed on the income tax portal. The company reserves the right to review documents before applying beneficial treaty rates.

AGM and Shareholder Participation

The 72nd AGM will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM) provided by National Securities Depository Limited (NSDL). Members attending through this mode shall be counted for the purpose of reckoning quorum under Section 103 of the Companies Act, 2013. The company is providing a one-time facility for registration of email addresses until June 23, 2026, to facilitate the delivery of the AGM notice and remote e-voting credentials. Remote e-voting facilities will be available both before and during the AGM.

KYC and Payment Details

Shareholders must ensure their bank details and KYC compliance are up to date to receive funds. For shares held in physical form, SEBI mandates that dividend will be paid electronically only after KYC details are updated. Members must submit KYC-related forms to MUGF Intime India Private Limited, the Registrar & Transfer Agent, by June 12, 2026. For shares held in electronic form, members must keep their Electronic Bank Mandate updated with their respective Depository Participants.

The table below summarizes the key event dates and financial details:

Voltas Limited has initiated proceedings to transfer equity shares associated with unclaimed dividends to the Investor Education and Protection Fund (IEPF) Authority. The company stated that shares for which dividends have remained unpaid for seven consecutive years or more are liable to be transferred to the IEPF's Demat Account on October 26, 2026. Shareholders affected by this transfer have been advised to claim their dues by August 21, 2026, to prevent the loss of shares and future benefits.

The company identified that the dividends for the financial year 2018-19 and subsequent years are currently unclaimed. Individual communications were dispatched to the concerned shareholders on May 22, 2026, at their registered postal addresses. Voltas Limited clarified that once the shares are transferred, the original share certificates in physical form will be deemed cancelled and non-negotiable, while shares in dematerialized form will be transferred via corporate action through depositories.

Second 100 Days' Campaign

In alignment with directives from the IEPF Authority, Voltas is conducting its Second 100 Days' Campaign, titled "Saksham Niveshak." This campaign, which commenced on April 1, 2026, aims to encourage shareholders to update their KYC details and claim unpaid dividends. The company emphasized that dividends are payable only in electronic mode, necessitating that shareholders update their details with their Depository Participant for demat holdings or submit forms to the Registrar and Transfer Agent for physical holdings.

Special Window for Physical Shares

Voltas also notified shareholders of a special window facilitating the lodgement or re-lodgement of transfer requests for physical shares. This window is available for shares that were sold or purchased prior to April 1, 2019. The facility is currently open and will remain active until February 4, 2027.

Shareholder Contact Information

Shareholders with queries regarding the IEPF transfer, the "Saksham Niveshak" campaign, or the special transfer window may contact the company's Registrar and Transfer Agent.