Announced Wed, 24 Jun · 20:32 IST
TDS communication on final dividend of Rs.32 per share
Corporate Actions View source PDF
AUTOAXLES · price
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Price reaction · full curve 14 horizons · vs prior close
-0.3%1-day move
₹1770.20
prior close
₹1762.00
base price
After-mkt
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+1.6+1.8+1.5+1.5-0.3-0.4-1.0+1.8+2.5+2.2+3.0+1.1——
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AI summary
Automotive Axles has informed shareholders about TDS on the recommended final dividend of Rs.32 per share (320%) for FY ending March 2026. The Board recommended this on 19 May 2026, subject to shareholder approval at the AGM on 12 August 2026. Record date is 5 August 2026. TDS will apply at 10% for PAN holders and 20% for those without PAN. Shareholders must submit tax exemption forms by 5 August 2026 to avoid higher deduction.
Likely market impact
Shareholders on record as of 5 Aug 2026 will receive Rs.32 per share dividend net of TDS. Update PAN and submit forms to avoid 20% deduction.