ROUTENSEROUTE MOBILE LIMITEDLowPositive
Announced Fri, 24 Jul · 19:03 IST

Route Mobile explains TDS rules on Rs 4 interim dividend

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AI summary

Route Mobile declared first interim dividend of Rs 4 per share (40 percent on face value Rs 10) for FY 2026-27. Record date is July 29, 2026, payment by August 13. TDS at 10 percent for residents with valid PAN, 20 percent without PAN or unlinked to Aadhaar. Resident individuals with annual dividend under Rs 10,000 or filing Form 121 can claim nil TDS. Documents must be submitted by July 29 cutoff.

Likely market impact

Shareholders should submit PAN, Aadhaar link, and Form 121 if eligible by July 29 to avoid 20 percent TDS on the Rs 4 per share dividend.