ZENSARTECHNSEZensar Technologies Limited· Computers - SoftwareLowNeutral
Announced Fri, 29 May · 13:04 IST

Zensar Technologies Limited has informed the Exchange regarding 'Zensar Technologies Limited has informed the Exchange regarding communication to shareholders intimation on dividend taxation provisions'.

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ZENSARTECH · price

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Price reaction · full curve 14 horizons · vs prior close
+0.1%1-day move
₹492.60
prior close
₹499.40
base price
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AI summary

Zensar Technologies has communicated to shareholders about TDS/withholding tax requirements on the final dividend of ₹12.60 per share (630% on face value of ₹2) declared for FY 2025-26, subject to shareholder approval at the 63rd AGM. For resident shareholders, TDS of 10% applies if dividend exceeds ₹10,000, rising to 20% if PAN is invalid or inoperative. Various categories like insurance companies, mutual funds, and AIFs may claim NIL TDS with proper documentation. Non-resident shareholders can claim DTAA benefits by submitting Form 41, Tax Residency Certificate, and self-declarations. All documents must be submitted by June 26, 2026. SEBI has mandated dividend payments only through electronic mode.

Likely market impact

Shareholders should submit required tax documents by the deadline to avoid higher TDS deductions. Those with unclaimed dividends are encouraged to update KYC details under the IEPF 'Saksham Niveshak' campaign.