Railtel Corporation Of India Limited has informed the Exchange regarding 'Email intimation to the shareholder '.
RAILTEL · price
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Railtel has informed the exchanges that an email has been sent to shareholders regarding tax deduction at source (TDS) on its 2nd interim dividend of Re 1 per share (10% of paid-up capital) declared on March 9, 2026. The record date is March 13, 2026, and the dividend will be paid on March 24, 2026. For resident shareholders with valid PAN, TDS will be deducted at 10%; it rises to 20% if PAN is missing or inoperative. Shareholders seeking exemption or lower TDS (e.g., via Form 15G/15H, insurance companies, mutual funds, AIFs, or non-residents claiming DTAA benefits) must submit supporting documents to the company's registrar by March 16, 2026. The company also noted that dividends will be paid only via electronic modes, so shareholders should update bank details with their depositories.
This is a routine procedural communication related to the already-declared 2nd interim dividend. Eligible shareholders should ensure their PAN, bank, and exemption documents are updated before March 16, 2026 to avoid excess TDS deduction. No new corporate action or material change in business outlook is implied.