Comfort Fincap Recommends 5% Final Dividend, TDS Applicable

Comfort Fincap Ltd has announced its Board's recommendation of a Final Dividend of 5% (₹0.10 per equity share) for the financial year ended March 31, 2026. This dividend is subject to shareholder approval at the upcoming AGM. The company will deduct Tax at Source (TDS) on dividend payments as per the Income-tax Act, 2025, with rates varying based on shareholder residency and PAN status. For resident shareholders with valid PAN, TDS is generally 10%, increasing to 20% if PAN is not provided or is invalid. Certain exemptions and lower TDS rates apply under specific conditions, such as dividends not exceeding ₹10,000 for resident individuals or for entities like insurance companies and mutual funds upon submission of required documentation. The Register of Members will close from September 15-21, 2026, with a record date of September 14, 2026.