Coal India Limited has informed the Exchange about General Updates- Shareholder s Communication on Tax on 1st Interim Dividend for FY 2025-2026
COALINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Coal India has declared its 1st Interim Dividend of Rs. 5.50 per equity share (face value Rs. 10) for FY 2025-26, following a board meeting on 31st July 2025. The record date for eligibility is Wednesday, 6th August 2025. The communication outlines TDS provisions: 10% for resident shareholders (20% if PAN is invalid/missing or Aadhaar not linked), and 20% (plus surcharge and cess) for non-resident shareholders, or the applicable tax treaty rate if documents are submitted. Shareholders must submit tax-related documents via Coal India's tax portal (https://taxportal.coalindia.in) between 1st August and 7th August 2025 to avoid higher TDS. Mutual funds, insurance companies, and certain other categories can claim NIL TDS with proper documentation.
This is a procedural tax communication accompanying the declared interim dividend and does not change the dividend amount. Shareholders who fail to submit the required documents by the 7th August 2025 cut-off will face higher TDS, but they can claim refunds later by filing income tax returns. No direct impact on stock price is expected from this filing.