360 ONE WAM LIMITED has informed the Exchange regarding Communication to equity shareholders of the Company for tax deduction on first interim dividend for Financial Year 2026-27
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360 ONE WAM LIMITED has declared a first interim dividend of Rs. 6 per equity share (face value Re. 1) for FY 2026-27. The Board approved this dividend at its meeting on April 21, 2026. The record date for determining shareholder eligibility is Monday, April 27, 2026. The company is communicating TDS (tax deduction at source) requirements to shareholders, with tax rates ranging from 10% for resident shareholders with valid PAN to 20% for those without PAN, and different provisions for non-residents. Shareholders must submit required documents to MUFG Intime India Private Limited by April 27, 2026, to determine appropriate TDS rates.
The declaration of Rs. 6 per share dividend indicates positive cash flow and shareholder returns. Shareholders should ensure their bank details and tax documents are updated before the record date to receive dividend via electronic mode and avoid higher tax deductions.