Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Saven Technologies has declared an interim dividend of Rs.1.50 per equity share (face value Re.1) for FY 2025-26, approved by the Board on February 6, 2026. The record date is February 16, 2026, and the dividend will be paid to eligible shareholders on or before March 7, 2026. The communication, resubmitted to BSE in machine-readable PDF format after a prior observation, outlines TDS rates applicable on the dividend: 10% for resident shareholders with valid PAN (no TDS if aggregate dividend for the year is up to Rs.10,000 for resident individuals). Non-resident shareholders will face 20% TDS (plus surcharge and cess) or the beneficial tax treaty rate, with higher rates of 30% for those in notified jurisdictional areas. Shareholders must submit required declarations (Form 15G/15H, TRC, Form 10F, etc.) to the RTA by February 16, 2026 to claim lower or nil TDS.
Shareholders eligible as of the February 16, 2026 record date will receive Rs.1.50 per share, with TDS applicable based on their residential status and category. Investors should submit relevant tax exemption documents to the RTA promptly to avoid excess tax deduction. The dividend reflects ongoing shareholder returns and signals healthy cash generation, though the net impact for shareholders depends on their individual tax situations.