Dividend1 Sept 2026, 05:40 pm
DCW Ltd Recommends Final Dividend of ₹0.20 per Share
AI Summary
DCW Ltd announced its Board of Directors has recommended a final dividend of ₹0.20 per equity share for the Financial Year ended March 31, 2026. This dividend is subject to shareholder approval at the upcoming Annual General Meeting (AGM). Following changes in the Income-Tax Act, 2025, the dividend will be taxable in the hands of shareholders, and the company will be required to deduct Tax Deducted at Source (TDS) at prescribed rates. The communication details TDS provisions for resident and non-resident shareholders, including specific rates and conditions for exemptions for resident individuals and certain non-individual entities like insurance companies.
Key Highlights
- DCW Ltd recommends final dividend of ₹0.20 per share for FY 2025-26.
- Dividend is subject to shareholder approval at the forthcoming AGM.
- TDS will be deducted on the dividend as per Income-Tax Act, 2025.
- Specific TDS rates and exemption conditions for resident shareholders are detailed.
- Shareholders are urged to update their PAN and other details with the company/RTA.
Price Impact
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