Route Mobile Ltd: ₹4 Interim Dividend & Tax Deduction Details
Route Mobile Ltd has issued a communication to its shareholders regarding the first interim dividend of ₹4 per equity share for FY 2026-27. The dividend will be paid by August 13, 2026, to shareholders on record as of July 29, 2026. The company will deduct tax at source (TDS) on dividend payments as per the Income-tax Act, 2025. Resident individual shareholders with valid PAN and aggregate dividend income less than ₹10,000 per annum are exempt. Shareholders can submit Form 121 to avoid TDS under certain conditions. PAN is mandatory, and failure to link PAN with Aadhaar or provide a valid PAN may result in TDS at higher rates (up to 20%). Shareholders are advised to update their details with depositories or the RTA.
Key Highlights
- Route Mobile declares ₹4 per share first interim dividend for FY 2026-27.
- TDS will be applicable on dividend payments as per Income-tax Act, 2025.
- Shareholders need valid PAN; higher TDS if PAN/Aadhaar not linked.
- Form 121 submission may exempt certain shareholders from TDS.
- Dividend payment expected by August 13, 2026.
Price Impact
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