
Dividend30 Jun 2026, 04:06 pm
Cords Cable Recommends ₹1.20 Dividend; Outlines TDS Process
AI Summary
Cords Cable Industries Ltd has announced a recommended dividend of ₹1.20 per equity share (12%) for the Financial Year ended March 31, 2026. The company has communicated the Tax Deduction at Source (TDS) process to shareholders, including formats for declarations and tax exemption forms. Shareholders must submit necessary documents by August 31, 2026, to ensure correct TDS application. The dividend is subject to member approval at the upcoming Annual General Meeting. Specific TDS rates apply based on shareholder status and dividend amount, with exemptions available for certain resident individuals and entities.
Key Highlights
- Recommended dividend of ₹1.20 per share for FY26.
- Shareholders must submit TDS declarations by August 31, 2026.
- TDS rates vary for resident and non-resident shareholders.
- Exemption from TDS available for dividends under ₹10,000 for resident individuals with PAN.
- DTAA benefits require specific documentation submission by August 31, 2026.
Price Impact
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