Dividend21 Jul 2026, 07:30 pm
Mindteck Recommends ₹1 Dividend, Announces TDS on Payout
AI Summary
Mindteck (India) Ltd announced its Board of Directors has recommended a Final Dividend of Re. 1.00 per equity share for FY26. This dividend is subject to shareholder approval at the 35th AGM on August 13, 2026. The record date for determining eligible shareholders is August 06, 2026. Following the Income Tax Act, 2025, the company will deduct Tax at Source (TDS) on dividend payments. The TDS rate will vary based on the shareholder's residential status and submitted documentation, with rates ranging from 0% to 20%. Detailed FAQs on TDS are available on the company's website.
Key Highlights
- Board recommends Final Dividend of Re. 1.00 per equity share for FY26.
- Dividend payout subject to shareholder approval at the AGM on August 13, 2026.
- TDS will be deducted on dividend payments as per Income Tax Act, 2025.
- TDS rates vary based on shareholder status and documentation.
- Shareholders can access detailed FAQs on the company's investor website.
Price Impact
More from MINDTECK*