LUMAXINDBSELUMAX INDUSTRIES LTDLowNeutral
Announced Fri, 17 Jul · 19:35 IST

TDS communication on final dividend of Rs. 55 per share for FY 2025-26

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LUMAXIND · price

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₹5174.50
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AI summary

Lumax Industries informed shareholders about TDS on final dividend of Rs. 55 per share (face value Rs. 10) for FY 2025-26, recommended by the Board on May 28, 2026. Dividend awaits approval at AGM on August 26, 2026. Record date is August 06, 2026. TDS applies at 10% for resident shareholders with valid PAN, 20% without PAN, and 20% for non-residents or applicable lower treaty rate. No TDS for resident individuals if total FY 2026-27 dividend is below Rs. 10,000.

Likely market impact

Shareholders must submit required TDS documents to the company or RTA by August 03, 2026, to avoid higher tax deduction. Physical holders must update bank details for direct credit.