Samvardhana Motherson International Limited has submitted with the Stock Exchange about communication sent to shareholders.
MOTHERSON · price
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Samvardhana Motherson International Limited has communicated to its shareholders about the tax deduction at source (TDS) applicable on the Interim Dividend of Re. 0.35 per equity share (face value Re. 1) declared by the Board on March 19, 2026 for FY 2025-26. The Record Date for eligibility is March 27, 2026, and the dividend will be paid within 30 days of declaration. The communication outlines TDS rates for different categories: 10% for resident shareholders with valid PAN, 20% for invalid/inoperative PAN, and nil for eligible Form 15G/15H submitters. Non-resident shareholders can avail tax treaty benefits subject to submission of required documents including TRC and Form 10F. Shareholders must submit all required declarations and documents to the company's RTA (KFin Technologies) on or before March 26, 2026, 1700 Hours IST, failing which TDS will be deducted at the higher applicable rate.
This is a routine compliance communication to shareholders. Eligible shareholders who hold shares as of March 27, 2026 (Record Date) will receive an interim dividend of Re. 0.35 per share. Shareholders should ensure timely submission of TDS-related documents by the March 26, 2026 deadline to avoid higher tax deduction. The dividend amount is modest and is likely to have a limited direct impact on the stock price.