BSEDelton Cables LtdMinimalNeutral
Announced Thu, 4 Sept · 15:24 IST

Intimation on Tax Deduction on Dividend

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Delton Cables has informed shareholders about tax deduction at source (TDS) on its final dividend of Rs. 2 per equity share (face value Rs. 10) recommended by the Board on May 30, 2025 for FY 2024-25. The AGM is scheduled for September 26, 2025, and the record date is September 19, 2025. For resident individuals, TDS will be 10% if a valid PAN is registered and 20% otherwise (or if PAN is not linked with Aadhaar). Non-resident shareholders will face 20% TDS (plus surcharge and cess) or the DTAA treaty rate, whichever is lower, subject to documentation. Shareholders must update PAN, KYC, bank and email details with their depository or the RTA (Beetal Financial) before September 19, 2025 to ensure correct TDS deduction.

Likely market impact

Routine compliance filing — shareholders whose total FY 2025-26 dividend is below Rs. 10,000 face no TDS, while those with valid PAN pay 10% and those without pay 20%. Action required: update KYC/PAN/bank details before the September 19, 2025 record date to avoid excess tax deduction, with any refund claim lying with the shareholder, not the company.