TDS communication on Rs.1 per share final dividend for FY26
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The company has sent shareholders a TDS communication on the final dividend of Rs.1 per share (10% on face value of Rs.10) for FY2025-26, recommended by the Board on 20 May 2026 subject to AGM approval. Default TDS is 10% for resident individuals with valid PAN, 20% without PAN or if PAN is invalid, and 20% plus surcharge and cess for non-residents. Shareholders must upload required documents like PAN or Form 15G on the RTA portal by 27 August 2026 to avoid higher tax deduction.
Routine TDS procedure; no material impact on stock but shareholders must submit required forms by the deadline to avoid excess tax deduction.