Please find enclosed the specimen of the e-mail communication sent to the shareholders whose email addresses are registered, relating to deduction of applicable tax at source from the Dividend ....
TATAELXSI · price
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Tata Elxsi has informed shareholders of the applicable TDS provisions on the final dividend of Rs. 75 per share recommended for FY 2025-26, payable after shareholder approval at the June 2026 AGM. For resident individual shareholders, a 10% TDS applies if aggregate dividend exceeds Rs. 10,000 in the tax year 2026-27. PAN linkage with Aadhaar is mandatory — failure results in a higher 20% TDS rate. Insurance companies, mutual funds, and Category I/II AIFs may claim exemption with valid declarations. Non-resident shareholders can claim DTAA benefits by submitting a Tax Residency Certificate, Form 41, and self-declarations including beneficial ownership and no permanent establishment in India. All tax-related documents must be submitted by June 10, 2026.
Shareholders who do not submit the required forms by the deadline will have tax deducted at higher rates, though they can claim refunds via their income tax return. This is a standard procedural disclosure with no direct impact on the stock price.