Announced Thu, 9 Jul · 20:20 IST
Kotak Bank: TDS communication on Rs 0.65 per share dividend
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KOTAKBANK · price
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Price reaction · full curve 14 horizons · vs prior close
+2.1%1-day move
₹377.30
prior close
₹377.45
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.8+0.7+0.7+2.1+0.2+0.2-0.2+3.4+2.4————
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AI summary
Kotak Mahindra Bank informed shareholders about TDS on the recommended dividend of Rs 0.65 per equity share for FY26, pending AGM approval on Aug 1, 2026. Record date is July 17, 2026. TDS at 10% for residents with PAN, 20% without PAN, and 20% plus surcharge for non-residents. Documents must be submitted by July 21, 2026.
Likely market impact
Routine TDS communication for upcoming dividend. Shareholders must update PAN and submit declarations by July 21 to avoid higher TDS deduction.