APCOTEXINDBSEApcotex Industries LtdLowNeutral
Announced Sat, 30 May · 18:24 IST

Please find enclosed copy of communication to shareholders - Intimation on tax deduction on dividend

APCOTEXIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Apcotex Industries has informed shareholders about the recommended final dividend of Rs. 5.50 per equity share for FY 2025-26. The record date for determining eligible shareholders is 12th June 2026. Under the Income Tax Act, 2025, the company is required to deduct tax at source on dividend payments. For resident individuals with valid PAN, TDS is 10%, while dividend up to Rs. 10,000 aggregate is exempt. Non-resident shareholders face 20% TDS or can claim beneficial tax treaty rates by submitting required documents including Form 41 and Tax Residency Certificate. Shareholders must submit tax exemption forms to the RTA (MUFG Intime) by 12th June 2026 to claim any exemptions.

Likely market impact

This is a routine procedural filing informing shareholders of dividend tax withholding requirements. The Rs. 5.50 dividend represents the company's dividend payout for FY 2025-26. Shareholders should ensure their tax documents and bank details are updated with the RTA before the record date to receive the correct net dividend amount.