UNO Minda: TDS on Final Dividend of ₹1.75/Share

UNO Minda Ltd. announced that the final dividend of ₹1.75 per equity share (87.50% on face value of ₹2) for FY26, recommended by the Board on May 16, 2026, is subject to tax deduction at source (TDS) as per the Income Tax Act, 2025. Dividends paid after April 1, 2020, are taxable, and the company will deduct TDS at prescribed rates. The TDS rate varies based on the shareholder's residential status and submitted documents. Resident individual shareholders receiving over ₹10,000 in dividends will face a 10% TDS if PAN is updated, otherwise 20%. Non-resident shareholders face a 20% withholding tax (plus surcharge and cess), potentially reduced by tax treaty benefits upon document submission.