NBCC (India) Limited has issued a communication regarding its 1st interim dividend for FY 2026-27, declared on August 11, 2026. The record date for eligibility is set for August 17, 2026. Shareholders are advised that dividend payments are generally taxable under the Income-tax Act, 2025, requiring TDS deduction. To claim exemption, requisite documents must be submitted by August 18, 2026.
NBCC Announces Interim Dividend Tax Details
NBCC (India) Limited has formally communicated details concerning its 1st interim dividend for the Financial Year 2026-27. This dividend was declared by the company’s Board of Directors during a meeting held on August 11, 2026. The Board has fixed Monday, August 17, 2026, as the record date to determine which shareholders are eligible to receive this interim dividend.
Tax Implications for Shareholders
All shareholders are hereby informed that, in accordance with the provisions of the Income-tax Act, 2025 (the Act), read with the Finance Act, 2026, and other applicable laws, dividends paid or distributed by a domestic company are typically subject to taxation in the hands of the shareholder. Consequently, NBCC is obligated to deduct tax at source (TDS) at the time of dividend payment.
Procedure for TDS Exemption
Shareholders seeking to claim an exemption from TDS on their dividend are requested to submit the necessary documents, as prescribed under the Income Tax Act, 2025. These documents should be sent via email to [email protected] on or before Tuesday, August 18, 2026. Further detailed information regarding TDS applicable to this 1st interim dividend for FY 2026-27 is available on the company’s website. A direct link to the communication is provided: [Company Website Link].
Source: BSE
