Hikal Board Recommends Final Dividend of ₹0.80 per Share for FY25; AGM Set for September 23, 2025
Hikal Ltd.'s board has recommended a final dividend of ₹0.80 per equity share, in addition to the interim dividend of ₹0.60 already paid. This brings the total dividend for FY25 to ₹1.40 per share, reflecting a 70% payout based on face value.
The 37th Annual General Meeting (AGM) is scheduled for September 23, 2025, where these results will be formally presented to shareholders.
| Particulars | Details |
|---|---|
| Interim Dividend | ₹0.60 per share |
| Final Dividend (Recommended) | ₹0.80 per share |
| Total Dividend for FY25 | ₹1.40 per share |
| AGM Date | September 23, 2025 |
The board of directors, in their meeting held on May 14, 2025, proposed a final dividend of ₹0.80 per equity share (face value ₹2 each) for FY25. If approved, the total dividend declared and paid will aggregate to 70% of the face value, or ₹1.40 per share. The final dividend will be paid within 30 days from declaration, subject to tax deductions, to members on the company register as of September 02, 2025 (record date).
Taxation on Dividends
Dividends distributed on or after April 1, 2020, are taxable for shareholders. Hikal is mandated to withhold taxes at prescribed rates based on shareholder residency and documentation.
Resident Shareholders
For resident shareholders with valid PAN data in the Company Register, the tax withholding rate is 10%. No TDS is applied if the dividend is below ₹5,000. Otherwise, the rate is 20% for those without a PAN or with an invalid PAN. Form 15G/15H can be submitted for NIL deduction, conditional on eligibility.
Non-Resident Shareholders
For FIIs, FPIs, and other non-resident shareholders, the withholding tax is 20% (plus applicable surcharge and cess) or the tax treaty rate, whichever is more beneficial, provided documents are submitted by September 7, 2025.
AGM Details
The 37th AGM is scheduled for Tuesday, September 23, 2025, at 11:30 a.m. (IST) via Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The AGM Notice and Integrated Annual Report for FY25 are available on Hikal’s website: www.hikal.com.
The final dividend, subject to source tax deductions, will be paid within 30 days of declaration to members registered with the Company by the end of the day on September 02, 2025 (the record date).
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