Announced Mon, 15 Jun · 21:23 IST
LIC informs shareholders on TDS for ₹10 final dividend FY26
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LICI · price
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₹406.10
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AI summary
LIC has informed shareholders about TDS deduction on the final dividend of ₹10 per share (face value ₹10) for FY 2025-26, recommended by the Board on May 21, 2026. Subject to AGM approval on July 27, 2026, payment will be made by August 25, 2026. Record date: June 25, 2026. TDS: 10% for residents with valid PAN, 20% without PAN, and 20% plus surcharge/cess for non-residents. Documents to claim lower TDS must be submitted by June 24, 2026.
Likely market impact
Confirms ₹10/share final dividend with record date June 25, 2026. Shareholders must submit TDS documents by June 24 to avoid higher tax deduction.