Oracle Financial Services Software has announced the declaration of an interim dividend of ₹130 per equity share with a face value of ₹5 each, for the financial year 2025-26. The dividend will be payable to shareholders registered as of November 3, 2025. The company has also outlined tax deduction (TDS) information related to the dividend payout.
Interim Dividend Declaration
Oracle Financial Services Software announced an interim dividend of ₹130 per equity share (face value of ₹5) for the financial year 2025-26. The Board of Directors approved the dividend on October 17, 2025. The dividend will be disbursed to shareholders appearing on the Register of Members and beneficial owners in Depositories as of the close of business hours on November 3, 2025 (Record Date).
Tax Deduction at Source (TDS)
The dividend is taxable, and the company will deduct tax at source (TDS) at applicable rates. Shareholders must ensure their Permanent Account Number (PAN) is updated. According to Section 206AA, a higher tax rate (20%) applies if PAN is not furnished. It is also mandatory to link Aadhar with PAN. Shareholders are requested to check that their residential status, PAN, category, email address, and residential address are up to date.
TDS Rates for Resident Shareholders
The following TDS rates apply to resident shareholders:
- Mutual Funds: 0% (if registered with SEBI).
- The Government: 0%.
- Alternative Investment Fund (“AIF”): 0% for Category I and II AIF registered with SEBI; specific conditions apply, including self-declaration.
- Category III AIF: TDS would be @ 10%.
- National Pension Scheme: 0%
- Insurance Companies: 0% (if registered under IRDAI).
- Resident Individuals: 0% subject to conditions, including if the dividend amount does not exceed Rs. 10,000 or if a valid Form 15G/15H is submitted
- Category III AIF IFSC: 10%
- Other Resident shareholders: 10% if valid PAN is registered; otherwise, 20%.
TDS Rates for Non-Resident Shareholders
For FII/FPI, the TDS rate is 20%, plus applicable surcharge and cess. For other non-resident shareholders, the rate is also 20% plus applicable surcharge and cess. A lower rate may be applicable based on Double Taxation Avoidance Agreements (DTAA) if specific documents are furnished.
Required documents must be uploaded as one single PDF on the portal by Friday, October 31, 2025, 5:00 PM IST. Alternatively, physical documents can be sent such that they reach the RTA before the specified date and time.
Source: BSE
