
Dividend23 Apr 2026, 07:11 pm
OFSS Declares 270 Interim Dividend; Tax Deduction Details Shared
AI Summary
Oracle Financial Services Software Ltd (OFSS) announced a second interim dividend of 270 per equity share for FY 2025-26, declared at its Board Meeting on April 22, 2026. The record date for eligibility is May 7, 2026. Payment will be exclusively via electronic mode, requiring shareholders to update their bank details by the record date. The company will deduct Tax at Source (TDS) from the dividend, with higher rates (20%) applicable if PAN is not furnished or linked with Aadhaar. Shareholders are advised to update their residential status, PAN, category, and contact details with their depository participant or RTA by the record date to ensure correct TDS application.
Key Highlights
- OFSS declared a second interim dividend of 270 per share for FY26.
- Record date for dividend eligibility is May 7, 2026.
- Dividend payment will be made only through electronic mode.
- Tax will be deducted at source (TDS) from the dividend.
- Shareholders must update PAN and bank details to avoid higher TDS.
Price Impact
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