TCI informs shareholders about TDS on final dividend of Re 1 per share for FY26

TCI · price

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AI summary

Transport Corporation of India has informed shareholders about tax deduction at source (TDS) on its final dividend of Re 1 per share (face value Rs 2) for FY26, subject to AGM approval on July 30, 2026. Record date is July 17, 2026. TDS rates range from nil to 20 percent depending on shareholder category and documents submitted. Resident individuals with valid PAN face 10 percent TDS, while non-residents face 20 percent or DTAA rate. Shareholders must submit required documents to the RTA by July 20, 2026.

Likely market impact

Routine TDS communication on final dividend. Shareholders need to submit tax documents to RTA by July 20, 2026 to avoid higher TDS deduction.