La Opala RG Recommends ₹5 Dividend; Details TDS Rules
La Opala RG Ltd has announced its Board of Directors recommended a dividend of ₹5.00 per equity share (250%) for the financial year ended March 31, 2026. The dividend payout is subject to declaration at the upcoming Annual General Meeting (AGM). The company also provided detailed information regarding Tax Deducted at Source (TDS) on dividends, as per the Income Tax Act, 2025, as amended. For resident individual shareholders, no TDS will be deducted if the aggregate dividend does not exceed ₹10,000. For amounts exceeding ₹10,000 with PAN, a 10% TDS applies, while without a valid PAN or non-linking of PAN and Aadhaar, the rate is 20%. Shareholders are urged to update their KYC details and PAN/Aadhaar linkage to avoid dividend withholding.
Key Highlights
- Board recommends ₹5.00 per share dividend for FY26.
- TDS rules for dividend payments detailed as per Income Tax Act.
- No TDS for resident individuals below ₹10,000 dividend.
- 10% TDS for amounts over ₹10,000 with valid PAN.
- Shareholders must update KYC and PAN/Aadhaar to avoid withholding.
Price Impact
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