Route Mobile: Tax Deduction on Second Interim Dividend Explained

Route Mobile Ltd has issued a communication to its shareholders regarding the tax deduction at source (TDS) on the second interim dividend of ₹4 per equity share for FY 2026-27. The company is informing shareholders about the revised Income-tax Act provisions, which make dividends taxable in their hands. Route Mobile will deduct TDS at applicable rates. Shareholders are advised to submit necessary declarations, such as Form 121, to potentially avoid or reduce TDS. Failure to provide a valid PAN or link it with Aadhaar may result in a higher TDS rate of 20%. The dividend payment is scheduled for on or after November 17, 2026, for shareholders on record as of November 02, 2026.