
Cineline India Ltd: Intimation of TDS on Dividend Payment
Cineline India Limited has issued a communication to its shareholders regarding the Tax Deducted at Source (TDS) on dividend payments. The company will deduct TDS on the recommended final dividend of ₹1.25 per equity share for the financial year ended March 31, 2026, subject to shareholder approval at the AGM on September 23, 2026. The dividend payment is expected after September 23, 2026. Shareholders are urged to update their PAN, tax residential status, and contact details with depositories or the Registrar and Transfer Agent (MUFG Intime India Private Limited) before the record date of September 16, 2026, to ensure correct TDS deduction. The communication details applicable TDS rates for resident individuals (10% if PAN is valid and dividend <= ₹10,000 or Form 121 provided, 20% otherwise) and resident non-individuals (Nil for insurance companies with conditions).
Key Highlights
- TDS will be deducted on the recommended final dividend of ₹1.25 per share.
- Shareholders must update their details by September 16, 2026.
- TDS rates vary for resident individuals based on PAN and dividend amount.
- Resident non-individuals may have Nil TDS under specific conditions.
Price Impact
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