Announcement regarding tax deduction at source on the final dividend
UNOMINDA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
UNO Minda Ltd has announced that its Board of Directors recommended a final dividend of Rs. 1.75 per equity share (87.50% on face value of Rs. 2 each) for Financial Year 2025-26, subject to shareholder approval at the AGM. The record date for determining eligible shareholders is Friday, 29 May 2026. As per the Income Tax Act 2025, the company is required to deduct TDS on dividends at rates ranging from 10% to 20% for resident shareholders and 20% plus surcharge and cess for non-resident shareholders. Shareholders must submit required documents (PAN, Form 121, Tax Residency Certificate for non-residents) by 10 June 2026 to determine applicable TDS rates. The company has sent email communications to shareholders with registered email IDs and made the information available on their website.
This is a routine procedural filing about dividend TDS compliance and does not indicate any change in dividend policy. Shareholders should ensure their PAN and bank details are updated to receive timely dividend credit.