BAJELNSEBajel Projects LimitedMinimalNeutral
Announced Thu, 9 Jul · 13:23 IST

Bajel Projects informs shareholders about TDS on FY26 dividend of Rs 0.60 per share

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AI summary

Bajel Projects informed exchanges about TDS on its recommended dividend of Rs 0.60 per share (face value Rs 2) for FY 2025-26. Dividend needs shareholder approval at the 4th AGM on August 10, 2026. Record date and tax document deadline is July 31, 2026, payout on or before September 8, 2026. TDS at 10 percent for residents and 20 percent for non-residents, plus surcharge and cess. No TDS if dividend to a resident individual is up to Rs 10,000 in a year.

Likely market impact

Shareholders should update PAN and bank details with RTA or depository before July 31, 2026, to claim exemptions and avoid higher TDS deduction.