TDS communication on Rs. 1 final dividend for FY26
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sheela Foam has informed shareholders about TDS rules on its recommended final dividend of Re. 1 per share (20% on face value Rs. 5) for FY 2025-26, pending approval at the 54th AGM on 16 July 2026. Record date is 9 July 2026. Resident individuals with valid PAN will face 10% TDS (20% without PAN); no TDS if total dividend in TY 2026-27 is up to Rs. 10,000. Non-resident rates range from 10% to 30% plus surcharge/cess, with lower rates available under tax treaties. Shareholders must submit PAN, Form 121, TRC and other documents by 3 July 2026 via MUFG Intime portal.
Routine procedural update — shareholders should submit KYC and TDS exemption documents before 3 July 2026 to avoid higher tax deduction on dividend payouts.