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Gillette India dividend 2026: Aug 24 record date set

GILLETTE

Gillette India Ltd

GILLETTE

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What the company announced

Gillette India Limited has fixed Monday, August 24, 2026 as the record date to determine shareholder eligibility for its 42nd Annual General Meeting (AGM) and the payment of a final dividend. The final dividend will be paid only if shareholders approve it at the AGM. The company has indicated that, if approved, the dividend will be paid to eligible members by September 30, 2026.

This record-date announcement matters for investors because corporate actions like dividends and AGM participation are linked to shareholding as of a specified cut-off date. Investors typically track the record date and the corresponding ex-dividend date to confirm whether they will receive the payout.

AGM rescheduled: the revised dates

Gillette India’s 42nd AGM has been rescheduled to Monday, August 31, 2026. The record date for determining eligibility for both the AGM and the final dividend is August 24, 2026. This creates a clear timeline for shareholders who want to vote at the meeting and receive the dividend, subject to approval.

The company had earlier communicated another schedule for the same AGM cycle. A separate update referenced August 19, 2026 as the record date and August 26, 2026 as the AGM date. The latest communication puts the record date at August 24, 2026 and the AGM on August 31, 2026.

Final dividend: board recommendation for FY2025-26

The Board initially declared the dividend for the financial year 2025-26 on May 27, 2026, according to the details provided. The Board also recommended a final dividend of ₹60 per equity share, subject to shareholder approval at the ensuing AGM.

The same set of details also states that the final dividend aggregates to ₹19,551 lakh, which equals ₹195.51 crore. Investors typically use this aggregate figure to understand the total cash outflow proposed for the final dividend.

Total dividend for the year: interim plus final

Alongside the final dividend recommendation, the information provided also refers to an interim dividend of ₹180 per share for FY2025-26, including a one-time special dividend of ₹60 per share. The interim dividend was stated to be payable on or before February 26, 2026.

With the interim payout (₹180 per share, including the special dividend) and the proposed final dividend (₹60 per share), the total dividend payout for the fiscal is described as ₹240 per share, subject to shareholder approval at the AGM.

Some market data excerpts in the provided text also show an interim dividend payout figure of ₹120 with an ex-dividend date of February 4, 2026. Separately, the company communication cited in the same material mentions an interim dividend of ₹180 per share (including ₹60 special) declared at a board meeting held on January 29, 2026.

Interim dividend timeline: record date and payout date

For the interim dividend, Gillette India fixed February 4, 2026 as the record date to determine eligible shareholders. The ex-date is also referenced as February 4, 2026 in the material provided. The company also stated that the interim dividend would be paid on or before February 26, 2026.

The provided information further notes the general eligibility principle: shareholders who own the shares on or before the record date are eligible, while those who buy on or after the ex-dividend date are not entitled to the payout. It also states that investors could expect the dividend to reach their linked bank account within 25 to 45 business days after the record date.

TDS and documentation: what shareholders need to do

Gillette India has outlined Tax Deduction at Source (TDS) rates and document submission timelines for shareholders to ensure correct TDS application. Shareholders are required to submit specific tax declarations and documents by August 14, 2026, at 5:00 PM IST.

The company has provided multiple modes for submission, including the MAS Portal and services via National Securities Depository Limited (NSDL) or Central Depository Services (India) Limited (CDSL). These submissions matter especially for shareholders seeking nil or lower withholding where applicable.

TDS rates: residents and non-residents

Under the Income-tax Act, 1961, as amended by the Finance Act, 2026, dividends up to INR 10,000 are exempt from TDS, as stated in the material. For resident shareholders, TDS treatment depends on PAN status and whether valid forms are furnished. For non-resident shareholders, including Foreign Institutional Investors (FII) and Foreign Portfolio Investors (FPI), the standard TDS rate cited is 20% plus applicable surcharge and cess, unless documentation is provided to claim benefits under the Double Taxation Avoidance Agreement (DTAA).

Key dates and dividend details at a glance

ItemDate / AmountNotes
Interim dividend board meetingJan 29, 2026Interim dividend declared (includes special dividend)
Interim dividend record dateFeb 4, 2026Record date and ex-date referenced as Feb 4, 2026
Interim dividend payment deadlineOn or before Feb 26, 2026As stated in the company’s interim dividend communication
Final dividend recommendation₹60 per shareSubject to shareholder approval
Final dividend aggregate₹19,551 lakh (₹195.51 crore)Aggregate amount stated in the material
Final dividend record dateAug 24, 2026For 42nd AGM and final dividend eligibility
42nd AGM (rescheduled)Aug 31, 2026Dividend subject to approval at AGM
Final dividend payment expected bySep 30, 2026If approved at the AGM
Document submission deadline for TDSAug 14, 2026, 5:00 PM ISTFor correct TDS application

TDS summary for resident shareholders (as provided)

Particulars of resident shareholdersApplicable rateDocuments required, if any
Total dividend up to INR 10,000Nil-
Valid Form 121 furnishedNilDuly signed Form 121 with income tax return details
PAN available10%Updated PAN with depositories or RTA
PAN not available/invalid20%-

Market impact: what investors typically track

The announcement clarifies the record date, AGM date, and the outer timeline for final dividend payment, which are the key reference points for shareholders planning around corporate action eligibility. It also provides a hard deadline for tax documentation, which can affect the net dividend received.

Separately, the interim dividend schedule for February 2026 and the final dividend schedule for late September 2026 place cash distributions at two different points in the financial year’s cycle. For investors focused on dividend planning, the record date and ex-date mechanics remain central, because eligibility depends on shareholding status around those cut-off dates.

Why the record date update matters

The shift to an August 24, 2026 record date and an August 31, 2026 AGM date provides the market with an updated corporate calendar for the 42nd AGM and the final dividend. It also consolidates key compliance steps such as TDS documentation submission, which can be particularly important for shareholders who need nil or reduced withholding as per applicable rules.

The company’s communication also reinforces a broader pattern seen across Indian listed companies: detailed TDS guidance and structured online submission channels (such as MAS Portal and depository-led routes) are increasingly used to streamline dividend processing.

Conclusion

Gillette India has fixed August 24, 2026 as the record date for its 42nd AGM and final dividend eligibility, with the AGM rescheduled to August 31, 2026 and payment expected by September 30, 2026 if shareholders approve the dividend. Shareholders who need correct TDS treatment have to submit the required declarations and documents by August 14, 2026, 5:00 PM IST through the specified channels.

Frequently Asked Questions

Gillette India has fixed August 24, 2026 as the record date for its 42nd AGM and the payment of the final dividend, subject to shareholder approval.
The 42nd AGM has been rescheduled to Monday, August 31, 2026.
If approved at the AGM, the company has stated the final dividend is scheduled to be paid by September 30, 2026.
For the interim dividend, the record date referenced is February 4, 2026, and the dividend was stated to be payable on or before February 26, 2026.
Shareholders are required to submit the specified tax declarations and documents by August 14, 2026, at 5:00 PM IST to ensure correct TDS application.

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