Ddev Plastiks: Dividend Tax Deduction Communication for FY26

Ddev Plastiks Industries Ltd has issued a communication to its shareholders regarding tax deduction on dividends for FY 2025-26 and the updation of details. The company will withhold tax at source on dividends paid, as per the Finance Act, 2020, and Income Tax Act, 2025. Shareholders are advised to submit tax-related documents by September 19, 2026. The Board has recommended a dividend of ₹1.25 per equity share, subject to shareholder approval at the AGM on September 26, 2026. The record date is September 19, 2026. For resident shareholders, TDS will be 10% unless the dividend is below ₹10,000 or an exemption is provided via Form 121. Non-compliance with PAN or KYC requirements may lead to higher TDS rates.