
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.
Price Impact
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