
Nexome Capital Markets Ltd: Intimation on TDS for Final Dividend
Nexome Capital Markets Ltd has issued an intimation regarding Tax Deduction at Source (TDS) on its final dividend. The company had previously recommended a final dividend of ₹1.50 per equity share for the financial year ended March 31, 2026. This communication clarifies the applicability of TDS on dividend income as per the Income Tax Act, 2025, and outlines the process for shareholders to ensure appropriate tax deduction. It details the procedures for both resident and non-resident shareholders, including required documentation and KYC updates. The Annual General Meeting is scheduled for August 11, 2026, where the dividend will be proposed for approval. The Register of Members will be closed from August 5 to August 11, 2026, with July 31, 2026, as the record date.
Key Highlights
- Intimation on TDS applicability for final dividend of ₹1.50 per share.
- Shareholders need to update KYC and PAN details for tax compliance.
- TDS rates vary for resident and non-resident shareholders.
- AGM on August 11, 2026, to approve dividend; record date July 31, 2026.
Price Impact
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