Navin Fluorine International Limited announced details regarding tax deductions on the upcoming dividend payout. An interim dividend of ₹6.50 per equity share (face value of ₹2) has been declared for the financial year 2025-2026. Tax will be deducted at source, and the applicable rates will vary depending on the shareholder’s residential status and submitted documentation. The dividend will be paid on or after November 27, 2025.
Interim Dividend Declared
Navin Fluorine International Limited has declared an interim dividend of ₹6.50 per equity share, having a face value of ₹2. This dividend is applicable for the financial year 2025-2026. The record date for determining shareholder eligibility is November 7, 2025, and the payout is scheduled for on or after November 27, 2025.
Tax Deduction at Source (TDS) Information
As per regulations, dividend income is taxable in the hands of shareholders. Navin Fluorine is therefore obligated to deduct tax at source (TDS) at the time of dividend distribution. The applicable TDS rate varies based on the shareholder’s residential status and the documents they submit.
TDS Rates for Resident Shareholders
The following table outlines the TDS rates for resident shareholders, along with applicable exemptions and documentation requirements:
| Category of Shareholder | Tax Deduction Rate | Exemption applicability/ Documentation requirement |
|---|---|---|
| Any resident Shareholder | 10% | Update valid PAN. No Tax will be deducted if dividend income does not exceed ₹10,000 or if the Shareholder is exempted from TDS and provides necessary documentation. |
| Submitting Form 15G/ Form 15H | NIL | Resident Individual Shareholder providing Form 15G / Form 15H (applicable to an Individual whose age is 60 years or more during FY 2025-26). |
| Order under section 197 of the Act | Rate provided in the Order | Lower/NIL withholding tax certificate obtained from Income Tax authorities. |
| Insurance Companies | NIL | Documentary evidence that the provisions of section 194 of the Act are not applicable. |
| Corporation established by or under a Central Act | NIL | Declaration that it is a corporation established by or under a Central Act whereby income-tax is exempt on the income. |
| Mutual Funds | NIL | Declaration that it is Mutual Fund specified under section 10(23D) of the Act. |
| Alternative Investment Fund (‘AIF’) | NIL | Declaration that AIF income is exempt under section 10(23FBA) of the Act. |
| New Pension System (NPS) Trust | NIL | Declaration that NPS Trust income is exempt under section 10(44) of the Act. |
| Other resident Shareholder without PAN or having Invalid PAN | 20% |
TDS Rates for Non-Resident Shareholders
| Category of Shareholder | Tax Deduction Rate | Exemption applicability/ Documentation Requirement |
|---|---|---|
| Any non-resident | 20% (plus applicable surcharge and cess) or Tax Treaty rate, whichever is lower | Non-Resident Shareholders may opt for tax rate under Double Taxation Avoidance Agreement (“Tax Treaty”). |
Shareholders must upload the necessary documents to KFin at https://ris.kfintech.com/form15/ or email them to [email protected] by November 07, 2025 to enable proper TDS determination.
Source: BSE
