
360 ONE WAM Declares
360 ONE WAM LTD's Board of Directors declared a first interim dividend of ₹6 per equity share for the financial year 2026-27. The company will deduct tax at source on this dividend as per the Income-tax Act, 2025, effective April 1, 2026. The withholding tax rate will vary based on the shareholder's residential status and the documents provided. Shareholders are advised to update their bank details by the Record Date, Monday, April 27, 2026, for electronic payment. For resident shareholders, no tax will be deducted if the total dividend for the tax year is below ₹10,000. For amounts exceeding this, a 10% tax applies with a valid PAN, while an invalid or unlinked PAN (with Aadhaar) will result in a 20% deduction.
Key Highlights
- Board declared first interim dividend of ₹6 per equity share for FY2026-27.
- Company will withhold tax on dividend as per Income-tax Act, 2025.
- Tax withholding rates depend on shareholder's residential status and documents.
- Record date for dividend payment is Monday, April 27, 2026.
- Invalid or unlinked PAN (with Aadhaar) will result in a 20% tax deduction.
Price Impact
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