Announced Tue, 30 Jun · 17:02 IST
TDS communication on Rs 1.50 final dividend for FY26
Corporate Actions View source PDF
INDUSINDBK · price
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+1.9%1-day move
₹924.00
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₹927.05
base price
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AI summary
IndusInd Bank has informed shareholders about TDS on its final dividend of Rs 1.50 per share (face value Rs 10) for FY26, subject to AGM approval in August 2026. Record date is June 26, 2026. TDS will be 10 percent for residents with valid PAN, 20 percent for non-residents, and NIL for resident individuals with total dividends up to Rs 10,000. Shareholders must submit tax exemption forms by July 6, 2026.
Likely market impact
Routine TDS communication. Shareholders should submit required tax exemption documents by July 6, 2026 to avoid higher TDS deduction on the dividend.