StockWatch
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Railway Wans
AGM/EGM8 Sept 2026, 04:40 pm

Titagarh Rail Systems: AGM Notice & Dividend TDS Communication Sent

AI Summary

Titagarh Rail Systems Ltd has communicated to its shareholders regarding Tax Deduction at Source (TDS) on dividend payouts and has dispatched the Notice of the Annual General Meeting (AGM). The company's Board of Directors recommended a dividend of Re 1 per equity share for FY26, subject to approval at the AGM scheduled for September 30, 2026. The communication clarifies that dividends are taxable and outlines the process for claiming exemptions. Shareholders are urged to update their KYC details, including PAN and bank information, to ensure timely dividend payment and avoid withholding. The Register of Members will be closed from September 24-30, 2026, for dividend eligibility determination.

Key Highlights

  • AGM notice and dividend TDS communication dispatched to shareholders.
  • Recommended dividend of Re 1 per share for FY26.
  • Dividend is taxable; TDS applicable based on PAN and residency.
  • Shareholders must update KYC details to avoid dividend withholding.
  • AGM scheduled for September 30, 2026; Record date September 23, 2026.