StockWatch
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Speciality Retail
Dividend28 Apr 2026, 04:41 pm

Trent Ltd: FY26 Dividend of ₹6/share, Bonus 1:2, & TDS Details

AI Summary

Trent Ltd has communicated to shareholders regarding the tax deduction at source (TDS) on the recommended dividend for the financial year ended March 31, 2026. The Board of Directors, at their meeting on April 22, 2026, recommended a dividend of ₹6 per equity share (600%). Additionally, a bonus issue in the proportion of 1:2 (1 bonus share for every 2 held) was approved, subject to shareholder approval. If the bonus issue is approved, the dividend per share will be proportionately reduced. The company will deduct tax at source on dividend payments as per the Income-tax Act, 2025. The communication details TDS provisions for resident shareholders (10% with PAN, 20% without PAN, exemptions for amounts up to ₹10,000, and specific non-individual categories) and non-resident shareholders, along with required documentation.

Key Highlights

  • Board recommended ₹6 per equity share dividend for FY26.
  • Bonus issue of 1:2 approved, subject to shareholder approval.
  • Dividend per share will be adjusted post-bonus issue.
  • TDS at 10% for resident shareholders with PAN, 20% without PAN.
  • Exemptions apply for resident individuals with dividend up to ₹10,000 or Form 121.