Announced Thu, 23 Jul · 15:06 IST
Interim Dividend of Rs 1.80 Per Share Declared; TDS Notice Sent
Corporate Actions View source PDF
SHYAMMETL · price
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₹1034.20
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₹1037.55
base price
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AI summary
The Board declared an interim dividend of Rs 1.80 per equity share (face value Rs 10) for FY 2026-27 on July 20, 2026. Record date is July 24, 2026, and payment will be made on or before August 19, 2026 after TDS deduction. TDS applies at 10 percent for resident shareholders with valid PAN, 20 percent without valid PAN. No TDS on dividends up to Rs 10,000 per year for resident individuals. Shareholders must submit declarations by July 24, 2026.
Likely market impact
Shareholders will receive Rs 1.80 per share as interim dividend, subject to TDS. Submit declarations to avoid higher tax deduction.