Dividend19 Aug 2026, 02:23 pm
Arvind Ltd Recommends ₹4.50 Dividend, Details TDS Rules
AI Summary
Arvind Limited has communicated to its shareholders regarding Tax Deducted at Source (TDS) on dividend payments. The Board of Directors recommended a final dividend of ₹4.50 per equity share for FY 2025-26, subject to shareholder approval at the AGM. The company will withhold taxes as per the Income-tax Act, 2025, with rates varying based on shareholder residency and submitted documentation. No tax will be deducted for resident individuals if the total dividend for Tax Year 2026-27 does not exceed ₹10,000. Specific documentation requirements are outlined for different shareholder categories to ensure correct tax treatment.
Key Highlights
- Arvind Ltd recommended a final dividend of ₹4.50 per equity share for FY 2025-26.
- TDS will be applicable on dividend payments as per Income-tax Act, 2025.
- Withholding tax rates vary based on shareholder residency and documentation.
- No TDS for resident individuals if dividend payout is ₹10,000 or less.
- Shareholders must provide necessary documents for correct tax treatment.
Price Impact
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