Dividend24 Jun 2026, 06:00 pm
Syngene International Ltd: TDS on Final Dividend for FY26
AI Summary
Syngene International Ltd has communicated to its shareholders regarding the Tax Deducted at Source (TDS) on the proposed final dividend for the Financial Year 2025-26. The Board recommended a final dividend of 12.50% (₹1.25 per equity share). This dividend is subject to shareholder approval at the AGM on July 29, 2026. The record date for determining eligible shareholders is June 26, 2026. The company will deduct TDS as per the Income-tax Act, 2025, with rates varying based on shareholder status and documentation. Shareholders are urged to update their PAN, address, and residential status with their depositories or the company's RTA, KFin Technologies Limited, to ensure correct TDS application.
Key Highlights
- Syngene recommends a final dividend of 12.50% (₹1.25/share) for FY26.
- Dividend approval is pending shareholder vote at the July 29, 2026 AGM.
- TDS will be deducted on the dividend as per Income-tax Act provisions.
- Shareholders must update KYC details (PAN, address, status) by the record date.
- TDS rates vary based on shareholder residency and category.
Price Impact
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