Quess Corp Limited has announced a special interim dividend of Rs. 3/- per equity share for the Financial Year 2025-26. The dividend, which represents 30% of the face value of Rs. 10/- each, will be distributed to shareholders who were registered as beneficial owners on the record date of May 08, 2026. Payment is expected to be processed on or before May 21, 2026.
Dividend Details
The Board of Directors at their meeting held on May 04, 2026, approved the declaration of a special interim dividend. Shareholders are entitled to receive Rs. 3 per share. The eligibility for this payout is determined based on the record date, which was set for Friday, May 08, 2026.
Taxation and Compliance
In accordance with tax laws, the dividend payment is subject to Tax Deduction at Source (TDS). The applicable TDS rates vary based on the shareholder’s residency status and the documentation provided. Resident shareholders must ensure their PAN is linked with their Aadhaar and is active, as invalid or unlinked PANs may trigger a higher deduction rate of 20%.
Non-resident shareholders are encouraged to submit necessary documentation, such as Tax Residency Certificates and self-declarations, to avail of lower withholding tax rates under applicable Double Taxation Avoidance Agreements. All relevant tax documents must be uploaded to the official portal by 05:00 P.M. (IST) on Sunday, May 10, 2026, to ensure the correct tax treatment.
Shareholder Action Items
To ensure the timely credit of dividends, shareholders are advised to maintain updated bank account details within their demat accounts. It is mandatory for shareholders holding shares in physical form to ensure their KYC details—including PAN, contact information, and bank records—are updated with the company’s Registrar and Transfer Agents. Failure to provide necessary documents for tax purposes will result in tax being deducted at the maximum applicable rates as per current tax provisions.
Source: BSE
