Viviana Power Tech: Final Dividend for FY26 Approved, AGM on Sep 29
Viviana Power Tech Limited's Board approved a final dividend of ₹1 per share (10%) for FY26. The dividend is subject to shareholder approval at the AGM on September 29, 2026. The Record Date is September 22, 2026. Shareholders must submit TDS-related documentation by September 22, 2026.
The dividend declaration and AGM details are significant for shareholders. The detailed information on TDS and documentation requirements impacts a broad base of shareholders, requiring them to take specific actions.
The announcement is a routine communication regarding dividend payout and associated tax regulations. While a dividend is positive, the core of the announcement is procedural information for shareholders.
Viviana Power Tech Limited announced that its Board of Directors, in a meeting held on May 25, 2026, approved and recommended a final dividend of ₹1 per equity share (10%) for the financial year ended March 31, 2026. This recommendation is subject to shareholder approval at the upcoming 12th Annual General Meeting (AGM) scheduled for Tuesday, September 29, 2026.
The company has set Tuesday, September 22, 2026, as the Record Date to determine the eligibility of shareholders for receiving the dividend. If approved by shareholders, the dividend will be paid or dispatched within 30 days from the date of the AGM.
The announcement also detailed the process for shareholders regarding the deduction of tax at source (TDS) on the final dividend. Shareholders are required to update their details, including PAN, residential status, and contact information, with the company or its Registrar and Share Transfer Agent, Skyline Financial Services Private Limited, by the Record Date. The communication outlines specific TDS provisions and documentation requirements for both resident and non-resident shareholders to claim exemptions or avail of beneficial Double Taxation Avoidance Agreement (DTAA) rates. Shareholders must submit the necessary documents via email by Tuesday, September 22, 2026, to determine the appropriate TDS rate.
What to do with a filing like this
Viviana Power Tech 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 Viviana Power Tech Limited. Read the original for the full detail.