Dividend7 May 2026, 04:41 pm
Sundram Fasteners: Interim Dividend of ₹4.25 Per Share
AI Summary
Sundram Fasteners Ltd announced the deduction of tax at source (TDS) on dividend payments to shareholders, in accordance with the Income-Tax Act, 2025. The company declared a second interim dividend of ₹4.25 per share (425% of face value of Re 1 each) for the financial year ended March 31, 2026, payable on May 25, 2026, to shareholders as of May 8, 2026. TDS rates will vary based on the shareholder's residential status and category. Shareholders are requested to update their PAN, bank details, residential status, and category by using the provided link and submit required documents by May 11, 2026, to comply with TDS provisions.
Key Highlights
- Sundram Fasteners declares a second interim dividend of ₹4.25 per share.
- Dividend payment date is set for May 25, 2026, to shareholders on record as of May 8, 2026.
- Tax will be deducted at source (TDS) from the dividend at prescribed rates as per Income-Tax Act, 2025.
- Shareholders must update PAN, bank details, and residential status by May 11, 2026.
- Specific documentation is required from shareholders to comply with TDS provisions.
Price Impact
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