Cineline India Ltd. Recommends ₹1.25 Dividend; AGM on Sep 23, 2026

Cineline India Limited has announced a recommended final dividend of ₹1.25 per equity share of face value ₹5 each (25%) for the financial year ended March 31, 2026. This recommendation was made by the Board of Directors at their meeting on May 15, 2026. The payment of this dividend is subject to the approval of shareholders at the upcoming 24th Annual General Meeting (AGM), scheduled for Wednesday, September 23, 2026, at 11:00 AM IST, which will be conducted through Video Conference/Online Virtual Meeting.

The company is required to deduct tax at source (TDS) on the dividend amount as per the provisions of the Income Tax Act, 2025. The dividend, if approved, will be paid after September 23, 2026. Shareholders are urged to update their tax residential status, PAN, and contact details with their depositories or the Registrar and Transfer Agent (MUFG Intime India Private Limited) before the Record Date, which is Wednesday, September 16, 2026. This is crucial for ensuring the correct deduction of tax.

The announcement also details the applicable TDS provisions for both resident and non-resident shareholders, including specific rates and documentation requirements. For resident individuals with valid PAN, the TDS rate is 10%, provided the total dividend does not exceed ₹10,000 or if Form 121 is provided. A higher rate of 20% applies for those without a valid PAN. For non-individual resident shareholders, the rate is Nil, subject to specific declarations and documentation. Non-resident shareholders will be subject to a 20% TDS rate as per domestic tax law, with an option to avail beneficial Double Taxation Avoidance Agreement (DTAA) rates upon submission of required documentation, including a Tax Residence Certificate and Form 41.

Shareholders are requested to submit the necessary documents and update their bank account details for electronic dividend payment on or before Wednesday, September 16, 2026. Documents submitted after this date will be accepted at the Company's discretion. The company emphasizes that dividend payments will be made solely through electronic mode for all shareholders, including those holding shares in physical form.