TRIDENTBSETrident LtdMinimalNeutral
Announced Fri, 22 May · 13:19 IST

Trident Limited has informed the exchange about Email Communication to Shareholders - TDS on Dividend

TRIDENT · price

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AI summary

Trident Limited has informed shareholders about Tax Deducted at Source (TDS) provisions for the 1st Interim Dividend of INR 0.50 per equity share (face value INR 1/-) declared for FY 2026-27, with record date May 23, 2026. For resident shareholders, TDS is applicable at 10% (or 20% if PAN is unavailable/inoperative), with exemptions for dividend up to Rs. 10,000 annually. Non-resident shareholders face 20% withholding tax (plus surcharge and cess), with options to claim beneficial DTAA rates by submitting required documents. Mutual funds, insurance companies, AIFs (Category I & II), and notified sovereign/pension funds are exempt from TDS. Shareholders must submit required documents to the RTA (KFin Technologies) by May 26, 2026 to avoid higher tax deductions.

Likely market impact

This is a routine compliance filing informing shareholders of tax withholding procedures on the declared dividend. Shareholders should submit valid PAN and applicable exemption documents to optimize TDS deductions. Physical shareholders with incomplete KYC risk having dividends withheld per SEBI mandates.