StockWatch
·
IT Enabled Services
Dividend23 Oct 2026, 06:20 pm

Sagility Ltd: TDS on Interim Dividend FY2026-27 Communication

AI Summary

Sagility Limited has issued a communication to its shareholders regarding the Tax Deducted at Source (TDS) applicable to the interim dividend declared for the Financial Year 2026-27. The Board of Directors declared an interim dividend of Rs. 0.15 per equity share on October 22, 2026. The communication details the TDS provisions under the Income-tax Act, 2025, for both resident and non-resident shareholders. For resident individual shareholders, TDS is 10% unless exempt, with a threshold of Rs. 10,000 for non-deduction. Specific exemptions apply to entities like LIC and GIC. Shareholders are urged to update their PAN, Aadhaar, and other details with depositories or the RTA to ensure correct TDS application.

Key Highlights

  • Interim dividend of Rs. 0.15 per share declared for FY2026-27.
  • Communication clarifies TDS provisions for resident and non-resident shareholders.
  • TDS rate for residents is 10%, with a Rs. 10,000 exemption threshold.
  • Shareholders must update PAN, Aadhaar, and other details for correct TDS.
  • Exemptions available for entities like LIC and GIC.