EMAIL COMMINCIATION FOR TDS COMPLANCE FOR THE INTERIM DIVIDEND DECLARED FOR THE F.Y. 2025-26
NIRLON · price
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Nirlon Ltd has informed BSE that it has completed emailing shareholders (via its registrar MUFG Intime India Pvt Ltd) regarding TDS compliance on the interim dividend declared for FY 2025-26. The Board had earlier, on February 10, 2026, approved an interim dividend of Rs. 15.00 (150%) per equity share of Rs. 10.00 each, with a record date of Friday, February 20, 2026. The communication details TDS rates for resident shareholders (10% with valid PAN, 20% if PAN-Aadhaar not linked or PAN invalid) and non-resident shareholders (20% plus surcharge/cess, or lower tax treaty rate if documents submitted). Shareholders must submit Form 15G/15H or relevant declarations by February 20, 2026 (6:00 p.m. IST) to avoid or reduce TDS deduction.
This is a procedural compliance filing and does not change the dividend amount or timing. Shareholders who fail to submit required documents (valid PAN, Aadhaar linking, Form 15G/H, TRC for non-residents) by the record date will face higher TDS deduction (up to 20%). Investors should update PAN, bank, and residential status with the registrar or depository before February 20, 2026 to ensure correct TDS treatment.