Announced Fri, 3 Jul · 20:52 IST

TDS on Final Dividend FY26 - Record Date July 17, 2026

Corporate Actions View source PDF

SURYODAY · price

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Price reaction · full curve 14 horizons · vs prior close
-3.2%1-day move
₹183.00
prior close
₹186.00
base price
After-mkt
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+0.0-0.3-0.9-0.8-3.2-3.8-2.9+1.4+4.2+3.3+0.3
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AI summary

Bank has set July 17, 2026 as record date for final dividend of Rs 1.50 per share (15% of face value Rs 10) for FY 2025-26, pending shareholder approval at AGM on August 6, 2026. Payment by September 5, 2026. TDS will apply per Income Tax Act: 10% for resident shareholders with valid PAN, 20% without PAN or if PAN-Aadhaar not linked. Shareholders must submit required documents by July 17, 2026 to claim exemptions or lower TDS rates.

Likely market impact

Shareholders must submit tax documents by July 17, 2026 record date to avoid higher 20% TDS. Dividend of Rs 1.50 per share awaits AGM approval.