Garware Hi-Tech Films proposes ₹12 dividend per share for FY26, AGM on Sep 23
Garware Hi-Tech Films declared a final dividend of ₹12 per share for FY26. The dividend is subject to shareholder approval at the AGM on September 23, 2026. The record date is September 16, 2026. Shareholders must submit tax-related documents by September 10, 2026.
The dividend declaration is a positive financial event for shareholders, but the tax-related information, while important, is procedural and affects the net payout rather than the core business performance.
The announcement of a final dividend is generally positive for shareholders.
Garware Hi-Tech Films Limited announced that its Board of Directors, in a meeting held on May 06, 2026, declared a final dividend of ₹12.00 per fully paid-up equity share of face value ₹10 each (120%) for the Financial Year ended March 31, 2026.
This dividend is subject to the approval of the shareholders at the upcoming Annual General Meeting (AGM) scheduled for Wednesday, September 23, 2026. The dividend will be paid to shareholders whose names appear in the Company's Register of Members as of Wednesday, September 16, 2026, which is the record date. The dividend, if approved, will be paid within the stipulated time.
The company also informed shareholders about the tax implications of the dividend income, which is taxable in their hands as per the Income Tax Act, 2025. It detailed the process for appropriate deduction of tax or withholding tax on the dividend at prescribed rates for both resident and non-resident shareholders, including requirements for PAN, Form 121, exemption certificates, and Tax Residency Certificates (TRC) for DTAA benefits. Shareholders were requested to submit necessary documents by Thursday, September 10, 2026, to enable the company to determine the correct withholding tax rate. The company also emphasized the importance of linking PAN with Aadhaar for tax purposes and provided guidance on updating bank account details for direct dividend credit.
What to do with a filing like this
Garware Hi-Tech Films Limited filed this with the NSE as a statutory disclosure, categorised under dividend. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Garware Hi-Tech Films Limited. Read the original for the full detail.