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Dividend10 Jun 2026, 03:43 pm

Uflex Ltd: Tax Deduction on Dividend for FY 2025-26

AI Summary

Uflex Ltd has communicated to its shareholders regarding the tax deduction on dividends for the Financial Year 2025-26, as per the Income Tax Act, 2025. The company has provided details on the process and documentation required for claiming exemption from tax deduction. This communication follows the Board's recommendation of a dividend of ₹3 per equity share for FY ended March 31, 2026, subject to shareholder approval at the AGM on July 29, 2026. The dividend, if declared, will be paid by August 27, 2026. Specific guidelines are provided for resident and non-resident shareholders concerning TDS rates and documentation submission deadlines.

Key Highlights

  • Communication issued on tax deduction for FY 2025-26 dividend.
  • Dividend of ₹3 per share recommended for FY ended March 31, 2026.
  • Shareholders must submit forms by June 26, 2026, for TDS benefits.
  • TDS rates vary based on PAN, Aadhaar linkage, and residency status.
  • Dividend payment expected by August 27, 2026, if approved.