TBZ FY26 Annual Report: PAT ₹2,004.92 Cr, AGM Sept 9

What TBZ filed with the exchanges

Tribhovandas Bhimji Zaveri Ltd (NSE: TBZ) has released its annual report for FY 2025-26 along with the notice of its 19th Annual General Meeting (AGM). The filing was made to the exchanges on August 14, 2026, with the source cited as BSE. The company said the AGM notice and annual report have been sent through electronic mode to members whose email addresses are registered with the company, its Registrar and Share Transfer Agent, or Depository Participants. The disclosures are linked to compliance under Regulations 30 and 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. TBZ also referenced relevant circulars issued by the Ministry of Corporate Affairs and SEBI for electronic communication and AGM conduct. The company indicated the information is also available on its website, www.tbztheoriginal.com.

19th AGM: date, time, and meeting format

TBZ has scheduled its 19th AGM for Wednesday, September 9, 2026. The meeting will commence at 11:30 a.m. (IST). The AGM will be conducted through Video Conferencing or Other Audio-Visual Means, as permitted under applicable regulatory guidelines. The company also filed communication around fixing the AGM date on August 11, 2026. Separately, TBZ submitted a newspaper advertisement (prior) relating to the 19th AGM, and the text notes advertisements were published on August 15, 2026 to notify shareholders. TBZ’s filings indicate members who have not registered email addresses may need to use alternative channels via their Depository Participants or the Registrar to access meeting material and participate.

Dividend recommendation: ₹2.50 per share

The Board of Directors has recommended a final dividend of ₹2.50 per equity share of face value ₹10 each for FY26, subject to shareholder approval. The text also notes the company is “declared a dividend of ₹2.50 on September 2, 2026,” alongside the recommendation framework tied to the AGM approval process. TBZ stated that dividend payment is linked to shareholder eligibility as of the record date and the completion of AGM-related processes. As per the information provided, shareholders on record as of September 2, 2026 will be eligible for the dividend payment. The disclosures also state the dividend is expected to be paid after September 12, 2026.

Key dates: record date and book closure

TBZ fixed September 2, 2026 as the record date to determine eligibility for the final dividend and AGM entitlement. The Register of Members and Share Transfer Books will be closed from September 3, 2026 to September 9, 2026 for determining entitlement for the final dividend and AGM. These dates are central for investors planning to hold shares for dividend eligibility, as the record date determines who is entitled to receive the payout if declared at the AGM. The company asked shareholders to complete documentation requirements within specified timelines, especially for tax-related withholding.

TDS on dividend: what TBZ told shareholders

TBZ outlined the tax deducted at source (TDS) framework applicable to its FY26 final dividend of ₹2.50 per share. For resident individual shareholders, TDS is applicable at 10% on the dividend amount. A higher rate of 20% applies if a valid Permanent Account Number (PAN) is not provided or if the PAN is not linked with Aadhaar. The company also stated that no tax will be deducted if the total dividend payable does not exceed ₹10,000 per year, or if the shareholder submits a duly filled Form 121 (formerly Form 15G/15H) and meets eligibility conditions. For non-resident shareholders, the filing states TDS is 20% under Section 393(2) of the Act, or as per the rate in an applicable Double Tax Avoidance Agreement (DTAA), whichever is lower.

Documents needed for non-residents seeking DTAA benefit

To avail DTAA or treaty benefits, TBZ said non-resident shareholders must submit specific documentation. The list in the communication includes a self-attested copy of PAN or a self-declaration if PAN is not allotted, and a self-attested Tax Residency Certificate (TRC) for tax year 2026-27, notarized and apostilled if not in English. It also includes an online filed Form 41 (formerly Form 10F). In addition, TBZ asked for a self-declaration regarding beneficial ownership and confirmation of no permanent establishment in India. The company’s message was that these documents are required to determine the correct withholding rate before dividend processing.

Submission deadline and the role of the RTA

TBZ requested shareholders submit necessary documents by August 31, 2026. The company specified submission should be done via the Registrar and Transfer Agent’s portal. The filings refer to KFin Technologies Limited as the Registrar and Share Transfer Agent for dispatch and shareholder communication purposes. For many investors, the practical implication is that dividend withholding depends on whether documents are submitted on time and whether details such as PAN status are updated and valid.

FY26 financial performance and audit position

The annual report disclosure cited FY26 profit after tax (PAT) of ₹2,004.92 crore, up 177.11% year-on-year. Revenue from operations for FY26 was reported at ₹32,029.53 crore, up 22.23% year-on-year. TBZ said its FY26 annual report and AGM notice bring together audited results, the auditor’s unmodified opinion, and the Board’s dividend recommendation. The Audit Committee reviewed the results, and the Board approved them at its meeting held on May 27, 2026. These dates and statements matter because they tie the audited financials and proposed dividend to formal board and committee processes.

Management update: appointment in the gold vertical

Alongside AGM and dividend-related updates, the text notes a senior management appointment. The Board appointed Ramnath Soundararajan as Head - Gold, designated as Senior Management Personnel, effective August 11, 2026. The disclosure positions this as part of an effort to strengthen the company’s gold vertical.

Company profile and offices disclosed

TBZ is described as a listed, public limited company incorporated on July 24, 2007. Its shares trade on the NSE under the symbol TBZ. The company operates in the Diamond and Jewellery sector, with business focused on retail sale of jewellery and imitation jewellery. TBZ’s registered office is at 241/43, Zaveri Bazar, Mumbai, Maharashtra 400002. Its corporate office is at 11th Floor, West Wing, Tulsiani Chambers, Nariman Point, Mumbai 400021.

Stock snapshot cited in the text

The content provided includes a price reference stating the current share price of Tribhovandas Bhimji is ₹555.3, with “NSE: 08 Sep 4:00 PM” and an indicated move of +₹26.40 (4.99%). The same broader text also contains a separate market snapshot listing “Current Price ₹251” and “Market Cap ₹1,677 Cr,” along with other metrics such as high/low and valuation ratios. These multiple price references appear within the supplied material as separate snapshots and should be interpreted in the context of the timestamp and source shown alongside each figure.

Key facts table

Market impact and why the disclosure matters

For investors, the most actionable parts of the filing are the AGM schedule, record date, book closure window, and the dividend and tax framework. The record date of September 2, 2026 and the book closure period from September 3-9, 2026 set the eligibility boundary for the FY26 final dividend, subject to shareholder approval at the AGM. The TDS framework matters because it directly affects net dividend receipts, especially where PAN details are incomplete or where non-residents are seeking DTAA benefits. The company’s timeline, including the August 31, 2026 documentation deadline, is designed to allow the RTA to apply the appropriate withholding rate before dividend payment processing.

Conclusion

TBZ’s FY26 annual report filing and 19th AGM notice consolidate audited FY26 numbers, an unmodified audit opinion, and the Board’s recommendation of a ₹2.50 final dividend per share. The AGM is scheduled for September 9, 2026 at 11:30 a.m. (IST) via video conferencing, with September 2, 2026 set as the record date and September 3-9, 2026 as the book closure period. The next confirmed milestone is the shareholder vote at the AGM, after which the company has indicated the dividend is expected to be paid after September 12, 2026.