Announced Tue, 7 Jul · 12:30 IST
Tax deduction communication on Rs.12 final dividend for FY26
Compliance View source PDF
ANUP · price
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₹2308.00
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₹2267.60
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AI summary
Board has recommended a final dividend of Rs.12 per share for FY ended March 2026, subject to AGM approval. Company will deduct TDS on dividend payouts as per the Income-tax Act 2025. Resident individuals receiving up to Rs.10,000 in dividends face no TDS. Others face 10 percent to 20 percent withholding depending on PAN and category. Shareholders must submit required documents by 31 July 2026 to claim lower or nil TDS rates.
Likely market impact
Shareholders should update PAN and KYC and submit TDS documents by 31 July 2026 to avoid higher tax deduction on their dividend.