Mahindra Logistics: Dividend Tax Intimation for FY26
Mahindra Logistics Ltd has issued a detailed communication to its shareholders regarding the withholding tax (TDS) on the final dividend recommended for FY 2025-26. The recommended dividend is ₹2.50 per equity share, subject to shareholder approval at the AGM on July 20, 2026. The record date for determining eligible shareholders is July 10, 2026. The company has outlined the TDS provisions for resident and non-resident shareholders, including applicable rates, required forms (like Form 121 and Form 41), and documentation for tax exemptions and DTAA benefits. Shareholders are urged to update their details and submit necessary documents by the record date to ensure seamless dividend payout and correct tax deduction.
Key Highlights
- Mahindra Logistics recommends ₹2.50 per share final dividend for FY26.
- Record date for dividend eligibility is July 10, 2026.
- Detailed TDS provisions for resident and non-resident shareholders are provided.
- Shareholders must update details and submit tax documents by July 10, 2026.
- AGM to approve dividend scheduled for July 20, 2026.
Price Impact
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