SENCO GOLD LIMITED announced the declaration of an Interim Dividend of ₹0.75 per equity share (15% on face value of ₹5) for FY 2025-26, following a Board meeting on February 12, 2026. The Record Date is February 20, 2026. This communication details the mandatory Tax Deducted at Source (TDS) rates applicable to shareholders based on their residential status and documentation provided before the February 20, 2026, cut-off date.
Interim Dividend Declaration Details
SENCO GOLD LIMITED has informed the exchanges regarding the declaration of an Interim Dividend for the Financial Year 2025-26. The dividend declared amounts to ₹0.75 per equity share, which corresponds to 15% of the face value of ₹5 per share. The Board finalized this decision during its meeting held on Thursday, February 12, 2026. The entitlement date (Record Date) for identifying eligible shareholders has been set as Friday, February 20, 2026.
Tax Deduction at Source (TDS) Requirements
In compliance with the Income Tax Act, the company is required to deduct Tax at Source (TDS) on the dividend payment, as dividends distributed after April 1, 2020, are taxable in the hands of shareholders. The TDS rates vary based on the shareholder’s residential status and submitted documentation.
Resident Shareholders TDS Summary
For resident shareholders, the TDS rate depends primarily on the dividend income level and PAN furnishing status:
- If total dividend income is upto ₹10,000: NIL TDS.
- If total dividend income is above ₹10,000 and PAN is provided: 10% TDS.
- If PAN is not provided, is unavailable, or inoperative: 20% TDS.
Shareholders meeting eligibility criteria can claim exemption by submitting Form 15G (for individuals below sixty years) or Form 15H (for individuals aged 60 or more), along with a self-attested copy of the PAN card. It is essential to note that failure to link PAN with Aadhaar may result in tax deduction at higher prescribed rates.
Non-Resident Shareholders TDS Summary
Tax withholding for non-resident shareholders is governed by Sections 195 and 196D of the Act, typically resulting in a withholding rate of 20% plus applicable surcharge and cess, unless a beneficial Double Tax Avoidance Agreement (DTAA) rate applies.
To avail of a lower DTAA rate, non-resident shareholders must provide comprehensive documentation by the February 20, 2026, cut-off period. Required documents typically include:
- Self-attested copy of Indian Tax Identification Number (PAN).
- Self-attested Tax Residency Certificate (TRC) valid for FY 2025-26.
- E-filed copy of Form 10F.
- A detailed Self-declaration (Annexure 6) affirming eligibility for treaty benefits.
If DTAA documents are not furnished, the tax will be recovered at the statutory rate of 20% (plus surcharge and cess).
Submission Deadlines and Important Notes
All required tax determination documents must be received by the Registrar and Transfer Agent at [email protected] on or before February 20, 2026 (cut-off period). Any submission received after this date is accepted only at the sole discretion of the Company.
Shareholders are strongly advised to verify and update their PAN and residential status details with their depositories or the RTA promptly. The company explicitly states that the tax deducted is final, and shareholders claiming a refund for tax paid at a higher rate must do so during their income tax return filing.
Source: BSE
