JK Cement: TDS on FY26 Dividend Explained
JK Cement Ltd has issued a communication to its shareholders regarding the Tax Deducted at Source (TDS) on the recommended dividend of Rs. 20 per equity share for FY 2025-26. The company is required to deduct TDS at applicable rates before dividend remittance. Shareholders are urged to submit necessary documents, including Form 121, by July 6, 2026, to ensure correct TDS application. Specific TDS rates and submission guidelines are provided for resident individuals and non-individuals, as well as non-residents, with provisions for lower or nil TDS based on eligibility and documentation. The dividend is subject to shareholder approval at the upcoming AGM and will be paid to shareholders on record as of July 10, 2026.
Key Highlights
- JK Cement recommends Rs. 20/share dividend for FY26.
- TDS on dividend is applicable as per Income Tax Act.
- Shareholders must submit documents by July 6, 2026.
- Specific TDS rates depend on PAN, residency, and forms.
- Dividend payment date is July 10, 2026.
Price Impact
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