ARVINDNSEArvind Limited· Textile ProductsLowNeutral
Announced Mon, 6 Jul · 15:53 IST

Arvind informs shareholders about TDS rules on dividend of Rs 4.50 per share

ARVIND · price

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AI summary

Arvind has written to shareholders explaining Tax Deduction at Source on the final dividend of Rs 4.50 per equity share recommended by the Board for FY 2025-26, pending AGM approval. No tax will be deducted for resident individuals whose total dividend in tax year 2026-27 does not exceed Rs 10,000. With valid PAN, the TDS rate is 10 percent for residents; 20 percent if PAN is missing or invalid. Non-resident rates range from 10 to 30 percent depending on category and tax treaty. Shareholders must submit required documents and declarations to the RTA by 31 July 2026.

Likely market impact

Shareholders should ensure PAN is updated and submit required documents by 31 July 2026 to avoid higher TDS on the upcoming dividend.