Rhi Magnesita India Ltd: Shareholder Intimation on Dividend TDS
Rhi Magnesita India Ltd has informed shareholders about the process and documentation required for claiming exemption from Tax Deduction at Source (TDS) on their final dividend for the financial year 2025-26. The company sent a communication on August 31, 2026, detailing the applicable TDS provisions and steps for eligible shareholders to submit necessary documents. The final dividend of ₹2.50 per equity share was recommended by the Board on May 29, 2026, and is subject to shareholder approval at the AGM on September 29, 2026. The record date for the dividend is September 14, 2026. The communication clarifies TDS rates based on residential status and PAN-Aadhaar linkage, with higher rates applicable for non-linked PANs. Exemptions are available for resident individuals with dividends not exceeding ₹10,000 or those providing valid exemption documents.
Key Highlights
- Shareholders informed about TDS exemption process for FY25-26 final dividend.
- Dividend of ₹2.50 per share recommended; record date Sept 14, 2026.
- TDS rates vary based on residential status and PAN-Aadhaar linkage.
- Higher TDS rates apply for invalid or unlinked PANs.
- Exemptions available for certain resident individuals and entities.
Price Impact
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