Symphony Limited has declared an interim dividend of ₹2.00 per equity share for the financial year 2026-27. The company has also issued a communication to shareholders detailing the Tax Deduction at Source (TDS) provisions applicable to this dividend distribution. Shareholders are advised to update their details to ensure correct TDS application.
Symphony Limited Announces Interim Dividend and TDS Guidelines
Symphony Limited announced today, October 29, 2026, that its Board of Directors has declared an interim dividend of ₹2.00 per equity share (100%) for the financial year 2026-27. The dividend will be payable to shareholders whose names appear in the Register of Members as of the record date, which is set for Wednesday, November 04, 2026.
Dividend Payment and TDS Procedures
In line with current regulations, the dividend will be disbursed exclusively through electronic modes. The company has emphasized that physical instruments like warrants or cheques will no longer be issued. Shareholders are required to ensure their bank account details are updated with their Depository Participant (DP) or the Company/Registrar and Share Transfer Agent (RTA) if shares are held in physical form, by the record date. The communication also outlines the applicable Tax Deduction at Source (TDS) provisions as per the Income-tax Act, 2025, and the rules therein, for both resident and non-resident shareholders. The TDS rate will vary based on the shareholder’s residential status and submitted documentation. All shareholders are requested to ensure mandatory details like residential status, Permanent Account Number (PAN), and category are updated to avoid higher TDS rates. Detailed information and forms for claiming potential exemptions or treaty benefits are provided, with a strict deadline for submission of relevant documents on or before the record date of November 04, 2026.
Source: BSE
