Dividend10 Jul 2026, 11:55 am
Cosmo First Ltd: TDS on FY26 Dividend Payout Detailed
AI Summary
Cosmo First Ltd has issued a communication regarding Tax Deduction at Source (TDS) on its dividend payout for the financial year 2025-26. The Board of Directors approved a final dividend of ₹4 per equity share, subject to shareholder approval at the 49th AGM on August 5, 2026. The record date is July 22, 2026. The company will withhold taxes based on shareholder residency and category, with specific rates and documentation requirements outlined. Resident individual shareholders receiving less than ₹10,000 in total dividend for FY 2026-27 are exempt from TDS. Shareholders are urged to submit necessary documents by July 24, 2026, to comply with TDS provisions.
Key Highlights
- Final dividend of ₹4 per equity share approved for FY 2025-26.
- TDS rates vary based on shareholder residency and status.
- Resident individuals with total dividend below ₹10,000 are exempt.
- Shareholders must submit required documents by July 24, 2026.
- AGM to approve dividend scheduled for August 5, 2026.
Price Impact
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