Announced Mon, 22 Jun · 19:37 IST
Biocon informs shareholders about TDS on final dividend of Re 0.50 per share
Corporate Actions View source PDF
BIOCON · price
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Price reaction · full curve 14 horizons · vs prior close
+0.4%1-day move
₹420.70
prior close
₹423.45
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.5+1.2+0.4-1.1-1.5-0.5-0.7+1.7+3.2+3.9——
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AI summary
Biocon is communicating to shareholders about tax deduction at source (TDS) on the final dividend of Re. 0.50 per equity share (face value Rs. 5) for FY 2025-26, subject to shareholder approval at the AGM on August 6, 2026. Record date is July 3, 2026. TDS will be 10% for valid PAN holders, 20% for invalid or missing PAN, and varies for non-residents. Shareholders must submit required declarations and documents by July 20, 2026 to avoid higher tax deduction.
Likely market impact
Routine TDS communication. Shareholders should update PAN, Aadhaar linkage and bank details before July 20, 2026 to avoid higher tax deduction on dividend.