Route Mobile has announced details regarding tax deduction at source (TDS) on its second interim dividend of ₹3 per share for FY 2025-26. The dividend will be paid to shareholders on record as of November 10, 2025. The announcement includes details about required documentation, applicable TDS rates for resident and non-resident shareholders, and instructions for updating PAN and KYC details.
Second Interim Dividend: Tax Implications
Route Mobile has declared a second interim dividend of ₹3 (Rupees Three Only) per equity share of ₹10 each for the financial year 2025-26. This dividend is scheduled for payment on or before November 25, 2025, to shareholders whose names appear on the register of members as of the record date, November 10, 2025.
Tax Deduction at Source (TDS)
As per the revised provisions of the Income Tax Act, 1961, dividends paid after April 1, 2020, are taxable in the hands of shareholders. Route Mobile is required to deduct tax at source (TDS) at applicable rates.
No tax will be deducted if the dividend payable to a resident individual shareholder is less than ₹10,000 per annum, provided a valid PAN is furnished. Shareholders can submit Form 15G (for individuals) or Form 15H (for senior citizens) to claim exemption, subject to eligibility.
PAN and Aadhaar Requirements
A valid PAN is mandatory. In the absence of PAN, tax will be deducted at a higher rate of 20%. Shareholders must link their Aadhaar with their PAN to avoid TDS at 20%. You can update PAN with depositories for shares held in Demat mode and with KFin Technologies Limited for shares held in physical form.
TDS for Resident Shareholders
For resident shareholders with a valid PAN updated in the company’s register, TDS will be deducted at 20%. If the PAN is not updated, or the shareholder is a specified person under Section 206AA, TDS will be 10%.
TDS for Non-Resident Shareholders
For non-resident shareholders, tax is required to be withheld in accordance with the provisions of Section 195 and Section 196D of the Act. To avail beneficial treaty rates, non-resident shareholders must provide a Tax Residency Certificate (TRC), self-certified PAN (if any), Form 10F, and a self-declaration for non-existence of a permanent establishment in India.
Updating KYC and Contact Information
Shareholders holding shares in physical form must update their KYC details (PAN, nomination, contact details, bank account details, and signature) to ensure dividend payments are received electronically.
Important Dates
All tax-related documents must be submitted by 5:00 PM (IST) on November 10, 2025. Any submissions received after this time will not be considered for tax determination.
Source: BSE
