Dividend3 Jul 2026, 03:16 pm
Bharat Bijlee Ltd: TDS on Dividend Communication to Shareholders
AI Summary
Bharat Bijlee Ltd has communicated to its shareholders regarding the deduction of Tax at Source (TDS) on dividends. The company declared a dividend of ₹35 per equity share for FY 2025-26, payable on August 3, 2026, to shareholders on record as of July 15, 2026. Shareholders must submit necessary declarations and tax exemption forms by July 15, 2026, to ensure correct TDS application. The communication outlines TDS provisions for resident and non-resident shareholders, including exemptions for resident individuals whose total dividend does not exceed ₹10,000 and specific requirements for other entities like insurance companies and mutual funds.
Key Highlights
- Dividend of ₹35 per share declared for FY 2025-26.
- Record date for dividend payment is July 15, 2026.
- Shareholders must submit TDS declarations by July 15, 2026.
- TDS rates vary based on residency and shareholder category.
- Exemption available for resident individuals with dividends under ₹10,000.
Price Impact
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