TRIDENTNSETrident Limited· Textile ProductsLowNeutral
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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Price reaction · full curve 14 horizons · vs prior close
+0.0%1-day move
₹24.61
prior close
₹24.21
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AI summary

Trident Limited has informed shareholders about the 1st Interim Dividend of INR 0.50 per equity share (50% on face value of INR 1) declared for Financial Year 2026-27. The record date for determining eligible shareholders is May 23, 2026. For resident shareholders, TDS rate is 10% (or 20% if PAN is unavailable/inoperative), with no TDS if annual dividend does not exceed Rs 10,000 or if Form 121 is submitted. Non-resident shareholders face 20% withholding tax (plus surcharge and cess), with option to claim DTAA benefits by submitting required documents like TRC and Form 41 by May 26, 2026.

Likely market impact

Shareholders should submit required TDS exemption documents by May 26, 2026 to avoid higher tax deduction. Physical shareholders must update KYC details to receive dividend electronically as per SEBI mandate, otherwise dividend may be withheld.