Rubicon Research Ltd: Dividend Tax Deduction Communication
Rubicon Research Ltd has issued a communication regarding the tax deduction at source (TDS) on the final dividend for FY 2025-26. The Board has recommended a dividend of ₹1.50 per equity share, subject to shareholder approval at the 27th AGM on August 26, 2026. The communication clarifies the applicability of TDS as per the Income Tax Act, 2025, and outlines the process for shareholders to ensure correct tax deduction. Shareholders are advised to update their PAN, residential status, and other KYC details with their Depository Participants before the Record Date of August 7, 2026. It details TDS rates and exemption conditions for resident individuals and non-individual resident shareholders, including the process for submitting Form 121 electronically.
Key Highlights
- Rubicon Research recommends ₹1.50 final dividend per share for FY 2025-26.
- Dividend payment is subject to shareholder approval at the AGM on August 26, 2026.
- Communication details TDS applicability and deduction process as per Income Tax Act.
- Shareholders must update KYC details and PAN with Depository Participants before August 7, 2026.
- Information on TDS rates and exemptions for resident shareholders is provided.
Price Impact
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