StockWatch
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Breweries & Distilleries
Dividend28 Aug 2026, 04:11 pm

Comfort Intech Recommends 5% Final Dividend, TDS Applicable

AI Summary

Comfort Intech Ltd has announced its Board of Directors has recommended a Final Dividend of 5% (₹0.05 per equity share) for the financial year ended March 31, 2026. This is subject to shareholder approval at the upcoming AGM. The company will deduct Tax at Source (TDS) on this dividend payment as per Income-tax Act provisions. The Register of Members will be closed from September 15-21, 2026, with a record date of September 14, 2026. TDS rates will vary based on shareholder residency and PAN status, with standard rates of 10% for residents with PAN and 20% if PAN is not provided or is inoperative. Specific exemptions and lower rates apply for certain entities like insurance companies and government bodies upon submission of required documents.

Key Highlights

  • Comfort Intech recommends a 5% final dividend for FY26.
  • TDS will be deducted on the dividend payment.
  • Record date set for September 14, 2026.
  • TDS rates depend on residency and PAN status.
  • Shareholder approval needed at the AGM.