Tax deduction on dividend for FY 2026-27; final dividend of Rs 3 per share declared

Modison declared a final dividend of Rs 3 per share (300 percent) on equity shares of Rs 1 face value for FY 2025-26, subject to shareholder approval at the AGM on July 21, 2026. TDS will be deducted at 10 percent on resident shareholder dividends above Rs 10,000 in a financial year, or at 20 percent if the PAN is invalid or not linked to Aadhaar. Non-resident shareholders can claim DTAA benefits by submitting the required documents. Shareholders must file declarations and forms with the RTA by July 17, 2026 to avoid higher TDS.