Navin Fluorine dividend: Company declares interim dividend of ₹6.50/share; things to know about tax deduction

Navin Fluorine Q2: Navin Fluorine, a leading manufacturer of speciality fluorochemicals, established in 1967 and part of the Padmanabh Mafatlal Group, was on investors' radar on Friday, October 31. The stock jumped as much as 14.32% to hit a record high of ₹5,689.90 apiece on the NSE in the early trade. The shares were on buyers' lists following the company's robust set of numbers for the quarter ended September 30, 2025 (Q2 FY26). Besides, the company also declared an interim dividend.

• The company said its board has declared an interim dividend of ₹6.50 per equity share of the face value of ₹2 each (i.e., 325% of the face value) for the Financial Year 2025-2026.

Record Date

The company said Friday, November 07, 2025, has been fixed as the Record Date for ascertaining eligibility for the payment of the Interim Dividend declared by the Board for the Financial Year 2025-2026. The interim dividend will be paid on or after November 27, 2025.

Tax Deduction on Dividend

In a separate filing, the company said the interim dividend, as declared by the board, will be paid to shareholders holding equity shares of the company, either in electronic or in physical form, after determining the eligibility of shareholders entitled to payment of the dividend, which will be based on the record date, i.e., November 07, 2025. The interim dividend will be paid on or after November 27, 2025.

A dividend declared or distributed, or paid by a company after April 1, 2020, is taxable in the hands of the shareholders. The company is therefore required to deduct tax at source at the time of distribution or payment of the said dividend. The tax so deducted will be paid to the Central Government.

"The Tax Deducted at Source ('TDS') rate may vary depending on the residential status of the shareholder and the documents submitted to the company in accordance with the applicable provisions of the Act," the company said.