Bata India informs shareholders about TDS on FY26 dividend of Rs 9 per share

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AI summary

Bata India has communicated TDS provisions to shareholders on its proposed FY26 dividend of Rs 9 per share (180% on face value Rs 5), subject to AGM approval on August 12, 2026. Record date is July 31, 2026. For resident shareholders, TDS is 10% with valid PAN and 20% without or with inoperative PAN. Non-residents face 20% plus surcharge and cess, with DTAA treaty benefits available. Shareholders claiming exemptions or lower rates must submit declarations to RTA MUFG Intime by July 22, 2026.

Likely market impact

Informational; shareholders must submit TDS exemption documents by July 22, 2026 to avoid higher tax deduction on the upcoming dividend.