SHREECEMBSEShree Cement LtdMinimalNeutral
Announced Fri, 10 Jul · 16:36 IST

Tax deduction guidance on final dividend of Rs. 70 per share

SHREECEM · price

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AI summary

Shree Cement has informed shareholders about TDS on the final dividend of Rs. 70 per share (700%) for FY ending March 2026. AGM is on July 31, 2026 and record date is July 17, 2026. Standard TDS is 10 percent for resident individuals, 20 percent for non-residents, and 20 percent if PAN is not linked. Shareholders must submit documents like Form 121, PAN, and TRC to RTA MUFG Intime by July 16, 2026 5pm IST to get lower or nil TDS.

Likely market impact

Shareholders should submit tax exemption documents by July 16 to avoid higher TDS on the Rs. 70 per share final dividend pending AGM approval.