
Dividend16 Oct 2026, 07:00 pm
360 ONE WAM: Tax withholding on second interim dividend for FY27
AI Summary
360 ONE WAM LIMITED has communicated to its equity shareholders regarding the withholding of tax on the second interim dividend for the financial year 2026-27. The dividend, declared at ₹7.5 per equity share, will be subject to tax deduction at source as per the Income-tax Act, 2025. The applicable tax rate varies based on the shareholder's residential status and submitted documentation, ranging from 10% for residents with valid PAN to 20% for those with invalid or inoperative PAN. Shareholders are urged to update their bank and PAN/KYC details by the record date, October 23, 2026, to ensure timely electronic dividend payment. Failure to link PAN with Aadhaar may result in a 20% tax deduction.
Key Highlights
- Second interim dividend of ₹7.5 per share declared for FY26-27.
- Tax withholding applies based on shareholder status and documentation.
- Resident shareholders with valid PAN face a 10% withholding tax.
- Non-compliance with PAN/Aadhaar linkage may lead to 20% tax deduction.
- Shareholders must update bank and PAN/KYC details by Oct 23, 2026.
Price Impact
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