TIMKENNSETimken India Limited· BearingsMediumPositive
Announced Tue, 7 Jul · 16:27 IST

Timken India recommends Rs 2.50 per share dividend, details TDS process

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TIMKEN · price

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Price reaction · full curve 14 horizons · vs prior close
-1.1%1-day move
₹3260.00
prior close
₹3260.90
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AI summary

Timken India Board recommends Rs 2.50 per share dividend (25%) for FY26, pending member approval at the 39th AGM. TDS at 10% for resident individuals with valid PAN, 20% without. No TDS if total dividend is below Rs 10,000 or Form 121 is filed. Non-residents face 20% TDS plus surcharge and cess; DTAA relief available with proper documents. Shareholders must submit tax forms to the RTA by 8 August 2026.

Likely market impact

Shareholders to receive Rs 2.50 per share dividend after TDS; submit tax documents by 8 Aug 2026 to avoid higher deduction.