India Glycols Limited has informed the Exchange regarding 'Communication on deduction of Tax at source on Interim Dividend for theFinancial Year 2025-26'.
INDIAGLYCO · price
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India Glycols has declared an interim dividend of Rs. 7.50 per equity share (150%) on shares with a face value of Rs. 5 for FY 2025-26, as approved by the Board on 17th March 2026. The record date is 23rd March 2026, and the dividend will be paid within 30 days to eligible shareholders. The company has detailed the TDS provisions under the Income Tax Act, 1961, with a 10% TDS rate for resident individuals with valid PAN and 20% for those without PAN or with non-compliant status. Non-resident shareholders face 20% TDS (plus surcharge and cess) unless a beneficial DTAA rate applies, and they must submit documents like TRC and Form 10F by 23rd March 2026. Shareholders are also reminded to update PAN, KYC, bank details and nomination with their depositories or the RTA, and dividend payments will now be made only through electronic mode.
This is a routine TDS advisory accompanying a sizeable 150% interim dividend, which is a positive signal for shareholders. Investors must ensure PAN is linked with Aadhaar and all KYC details are updated by 23rd March 2026 to avoid higher TDS deduction (up to 20%) and to receive timely electronic credit of the dividend.