Mangalam Cement: Rs 1.50 dividend, TDS communication to shareholders
MANGLMCEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mangalam Cement recommends Rs. 1.50 per share dividend (15% on face value of Rs. 10) for FY 2025-26, pending shareholder approval at AGM on 21 August 2026. Record date is 14 August, and payment will be from 25 August. Company has sent shareholders detailed TDS instructions: 10% TDS for residents with PAN, 20% without PAN, with exemptions available for certain categories like insurers, mutual funds, NPS trust, and AIFs. Shareholders must submit required documents by 14 August to avoid higher tax deduction.
Modest dividend payout. Shareholders should submit PAN/exemption documents by 14 August record date to avoid 20% TDS instead of 10%.