Dalmia Bharat has announced an interim dividend of ₹4 per share (face value of ₹2) for the financial year 2025-26. The dividend, approved on October 17, 2025, will be subject to tax deduction at source (TDS). Communication regarding TDS provisions has been sent to shareholders via email on October 23, 2025, detailing applicable rates for resident and non-resident shareholders.
Interim Dividend Declared
The Board of Directors of Dalmia Bharat, in their meeting held on October 17, 2025, has recommended an interim dividend of ₹4 per equity share with a face value of ₹2 each, for the financial year 2025-26. This dividend will be disbursed after deducting tax at source (TDS).
TDS Information for Shareholders
Dalmia Bharat has communicated the applicable TDS provisions to all shareholders via email on October 23, 2025. The communication includes a summary of TDS rules as per the Income Tax Act, 1961, for both Resident and Non-Resident shareholders.
Key points for Resident Shareholders:
- TDS will be deducted at 10% if a valid PAN is registered.
- TDS will be deducted at 20% if PAN is invalid, inoperative, or not registered.
- No TDS will be deducted if the total dividend amount to be received during FY 2025-26 does not exceed ₹10,000 or if Form 15G/15H is submitted (subject to eligibility).
Key points for Non-Resident Shareholders:
- Taxes will be withheld as per Section 195 of the Act, with applicable rates. Generally, the withholding tax is 20% (plus applicable surcharge and cess).
- Beneficial tax treaty rates may be applicable based on the Double Tax Avoidance Agreement (DTAA), provided necessary documents are submitted.
Important Dates & Actions
Shareholders are requested to provide necessary documents (e.g., Form 15G/15H, PAN details, TRC) by October 28, 2025, to ensure appropriate TDS deduction. Documents received after this date may not be considered for determining the applicable TDS rate.
Source: BSE