Rallis India Limited has informed the Exchange regarding 'Communication to Shareholders - Intimation on Tax Deduction on Dividend'
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Rallis India has communicated dividend tax deduction procedures to shareholders ahead of the FY 2025-26 dividend payout. The Board recommended a dividend of Rs. 3.00 per equity share (300%) for the year ended March 31, 2026. The dividend will be paid after the AGM on June 23, 2026, with record date June 4, 2026 and document submission deadline June 2, 2026. Under the Income Tax Act 2025, dividends are taxable in shareholders' hands with TDS rates of 10% for resident shareholders with PAN, 20% without PAN, and nil for dividend up to Rs. 10,000 or with Form 121 submission. Non-resident shareholders face 20% withholding or beneficial treaty rates. Shareholders must submit PAN, Form 121, tax residency certificates, and other documents to the Registrar by June 2, 2026.
The announcement confirms a positive dividend of Rs. 3 per share for FY 2025-26. Shareholders should submit required tax documents by June 2, 2026, to ensure correct TDS rates are applied and avoid higher tax deductions.