Muthoot Finance Limited has informed the Exchange regarding 'Intimation To Shareholders Regarding TDS On Dividend'.
MUTHOOTFIN · price
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Muthoot Finance has informed shareholders about TDS provisions on an interim dividend of Rs. 30 per equity share for FY 2025-26, declared on April 10, 2026. The record date for the dividend is April 17, 2026. For resident shareholders with valid PAN, TDS will be deducted at 10%. Those without valid PAN will face 20% TDS. Non-resident shareholders are subject to 20% TDS (plus surcharge and cess) or the applicable Tax Treaty rate, whichever is lower. The company requires shareholders to submit tax documents by April 27, 2026 to claim beneficial tax rates. This communication follows the new Income-tax Act, 2025 which came into force from April 1, 2026.
This is a routine tax compliance intimation and does not signal any change in dividend policy. Shareholders should ensure their PAN and tax documents are updated with the company or depositories to avoid excess TDS deductions.