Ratnamani Metals: TDS on Dividend & KYC Update for FY26-27
Ratnamani Metals & Tubes Ltd has communicated to its shareholders regarding Tax Deducted at Source (TDS) on dividend payments for FY 2026-27 and the importance of updating KYC details. The company has emailed shareholders with information on Income Tax Rules concerning dividend tax, including necessary annexures and procedures for updating PAN, email, mobile number, nomination choice, and bank details. The dividend, if approved by shareholders at the AGM on August 18, 2026, will be payable by September 17, 2026. TDS rates will vary based on shareholder status, with a 10% deduction for valid PAN holders and 20% for non-compliant PANs. Shareholders are urged to ensure their details are updated with their Depository Participant or RTA by the record date, August 11, 2026.
Key Highlights
- Shareholders notified about TDS on FY26-27 dividend payments.
- KYC details like PAN, email, and bank info must be updated.
- TDS rates vary; 10% for valid PAN, 20% for non-compliant.
- Record date for dividend entitlement is August 11, 2026.
- Dividend payment is expected by September 17, 2026, post-AGM approval.
Price Impact
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