Uttam Sugar Mills Recommends ₹2.50 Final Dividend for FY25-26

Uttam Sugar Mills Ltd has communicated to its shareholders regarding the Tax Deducted at Source (TDS) on the final dividend for the Financial Year 2025-26. The Board of Directors recommended a final dividend of ₹2.50 per equity share, subject to shareholder approval at the 31st AGM on September 18, 2026. The dividend will be paid to eligible shareholders by October 17, 2026. The communication details the TDS provisions under the Income-tax Act, including rates for resident and non-resident shareholders and exemptions for resident individuals below ₹10,000 dividend or with valid Form 121/exemption certificates. Specific TDS rates and documentation requirements for resident individuals and other entities like insurance companies and mutual funds are also outlined.