Torrent Power Recommends Final Dividend of ₹5 Per Share for FY26
Torrent Power Limited's Board recommended a final dividend of ₹5 per equity share for FY 2025-26. The dividend is subject to member approval at the AGM. The record date for payment is June 19, 2026. Shareholders must comply with tax regulations and KYC updates to receive the dividend.
A dividend declaration is a material event for shareholders, impacting their returns. The amount is moderate, and it is subject to AGM approval.
The announcement of a final dividend is generally positive for shareholders as it represents a return of profits.
Torrent Power Limited announced that its Board of Directors, in a meeting held on May 12, 2026, recommended a Final Dividend of ₹5 per equity share for the Financial Year 2025-26. This recommendation is subject to the approval of the company's Members at the upcoming Annual General Meeting (AGM).
If approved by the Members, the Final Dividend will be paid to the eligible shareholders who hold equity shares of the company as of the Record Date, which has been fixed for Friday, June 19, 2026. The company has also published a notice regarding the deduction of tax at source on this Final Dividend in "The Financial Express" on June 11, 2026.
Shareholders are advised to ensure their Aadhar Number is linked with PAN to avoid higher TDS rates. They can submit necessary declarations and documents, such as Form 121 or Form 15H/15G, and Form 41, along with other required documentation like Tax Residency Certificate, on or before June 20, 2026, to determine the appropriate TDS rate. For those holding shares in physical mode, it's crucial to have updated KYC details (PAN, Contact Details, Mobile Number, Bank Account Details, and signature) with the Registrar and Transfer Agent (RTA) to receive payments, including dividends.
What to do with a filing like this
Torrent Power 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.
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See the model portfoliosA plain-language summary of a public exchange filing by Torrent Power Limited. Read the original for the full detail.