CAPITALSFBBSECapital Small Finance Bank LtdMediumPositive
Announced Thu, 28 May · 16:31 IST

Intimation on TDS/ witholding tax on Dividend for FY 2025 - 26

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AI summary

Capital Small Finance Bank has communicated TDS/withholding tax details for the FY 2025-26 dividend. The Board had recommended a final dividend of Rs. 5 per equity share on April 29, 2026, subject to shareholder approval at the ensuing AGM. No tax will be deducted for resident individual shareholders if total dividend does not exceed Rs. 10,000 in the tax year. For others, withholding rates vary from 10% to 20% based on PAN status, with higher 20% rate applied for invalid/missing PAN. Non-resident shareholders face 20% (plus surcharge and cess) or treaty rates. Shareholders must submit required documents (PAN, Form 121, Tax Residency Certificate, etc.) to the RTA by June 15, 2026 to determine applicable withholding rates. The Bank will issue soft copy TDS certificates post-dividend payment.

Likely market impact

This is a routine administrative communication about dividend tax withholding procedures. The recommended dividend of Rs. 5 per share remains subject to shareholder approval at the AGM. No material impact on stock price expected from this filing; shareholders should ensure their KYC and PAN details are updated with depositories to avoid higher tax deduction.