Communication to Shareholders - Intimation on Tax Deduction on Dividend

Tata Investment Corporation has communicated dividend details for FY 2025-26, recommending Rs. 3.40 per equity share (340%) subject to shareholder approval at the AGM on July 1, 2026. The record date is June 10, 2026, and dividend will be paid on or after July 2, 2026. For resident shareholders with valid PAN, TDS rate is 10%; those without PAN or with unlinked PAN will face 20% TDS. Resident individuals receiving dividends up to Rs. 10,000 or submitting Form 121 are exempt. Various entities like insurance companies, mutual funds, and AIFs may claim exemption with supporting documents. Non-resident shareholders can avail DTAA benefits by submitting PAN, TRC, and Form 41 by June 5, 2026. Physical shareholders are reminded to update KYC (PAN, bank details, contact info) as mandated by SEBI to receive dividends electronically.