DYNPRONSEDynemic Products LimitedMinimalNeutral
Announced Mon, 6 Jul · 14:54 IST

TDS communication on final dividend of Rs 1.50 per share for FY26

DYNPRO · price

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AI summary

Dynemic Products has informed shareholders about tax deduction at source on its final dividend of Rs 1.50 per share (15 percent on face value of Rs 10) for FY 2025-26, pending AGM approval. Resident shareholders will face 10 percent TDS if PAN is provided, else 20 percent. Senior citizens can submit Form 15H and others Form 15G to avoid TDS if eligible. Non-residents can claim DTAA benefits by submitting the required documents. PAN must be linked with Aadhaar, else 20 percent TDS applies. All tax exemption documents must be submitted by July 31, 2026.

Likely market impact

Shareholders will have TDS deducted on the Rs 1.50 per share dividend. Submit required documents by July 31, 2026 to avoid higher deduction.