Communication to shareholders w.r.t. deduction of tax at source on the Special Interim Dividend declared for the Financial Year 2025-26.
QUESS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Quess Corp has declared a special interim dividend of Rs. 3 per equity share (30% of face value Rs. 10) for Financial Year 2025-26. The dividend was approved by the Board on May 04, 2026, with May 08, 2026 as the record date to determine shareholder entitlement. Payment will be made on or before May 21, 2026. Under the Income Tax Act, 2025, the company is required to deduct tax at source (TDS) on the dividend amount at prescribed rates. TDS rates vary based on shareholder residential status and documentation submitted.
Shareholders will receive the dividend net of TDS deductions. The actual amount received depends on individual TDS rates which are determined by residential status and submitted documents as per the Income Tax Act.