Transrail Lighting declares ₹3 interim dividend; tax to be deducted

Transrail Lighting Ltd has announced an interim dividend of ₹3 per equity share (150% on face value of ₹2) for FY 2026-27. The dividend will be paid on or before August 26, 2026, to shareholders of record on August 3, 2026. The company will deduct tax at source (TDS) on the dividend amount as per the Income-tax Act, 2025. TDS rates will vary based on the shareholder's residential status and submitted documentation, with standard rates for resident individuals at 10% and higher rates for non-compliance.