StockWatch
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Other Textile Products
Dividend22 May 2026, 01:23 pm

Trident Ltd: TDS on Dividend Email to Shareholders

AI Summary

Trident Limited informed shareholders via email regarding Tax Deducted at Source (TDS) on dividend payments. The Board declared an interim dividend of ₹0.50 per share for FY 2026-27, payable to shareholders on the record date of May 23, 2026. Dividend income is taxable, and TDS will be applied as per the Income-tax Act, 2025, with rates varying for resident and non-resident shareholders. Resident shareholders may face 10% or 20% TDS depending on PAN availability, while non-resident shareholders may face 20% TDS plus surcharge and cess.

Key Highlights

  • Trident declared an interim dividend of ₹0.50 per share for FY 2026-27.
  • Record date for dividend eligibility is May 23, 2026.
  • TDS will be deducted as per Income-tax Act, 2025 for resident and non-resident shareholders.
  • Resident shareholders may face 10% or 20% TDS based on PAN availability.
  • Non-resident shareholders may face 20% TDS plus applicable surcharge and cess.