Aptus Value Housing Finance India Limited has announced an interim dividend of Rs. 2.50 per equity share for the financial year 2025-26. Shareholders are requested to review the tax deduction at source (TDS) requirements applicable to their residential status. Necessary documentation for tax exemptions must be submitted to the company’s registrar by May 20, 2026, to ensure the correct tax rate is applied to dividend payments.
Dividend Declaration Details
The Board of Directors of Aptus Value Housing Finance, in their meeting held on May 6, 2026, declared an interim dividend of Rs. 2.50 per share on equity shares with a face value of Rs. 2. This payout applies to the 2025-26 financial year.
Understanding Tax Deductions
As per current income tax regulations, dividend income is taxable in the hands of the shareholders. The company is required to deduct tax at source (TDS) before distributing the dividend. The applicable rate depends on the shareholder’s category:
- Resident Individuals: A 10% TDS rate generally applies, though dividends are exempt for those whose total annual dividend income does not exceed Rs. 10,000.
- Non-Resident Shareholders: Withholding tax is applied at 20% or the applicable tax treaty rate, whichever is more beneficial.
- Other Entities: Specific exemptions apply to mutual funds, insurance companies, and government bodies upon submission of valid documentation.
Submission Deadline and Requirements
To benefit from specific tax exemptions or lower withholding rates, shareholders must update their records—including tax status, PAN, and contact details—and submit all required self-declarations and certificates. The deadline for submitting these documents is May 20, 2026. Failure to provide complete documentation or valid tax information may result in the company deducting tax at a higher rate.
Shareholders can manage their tax exemption filings and update account details through the designated KFin Technologies portal. Please note that the company will not entertain requests for TDS revisions after the May 20, 2026 deadline.
Source: BSE
