SJVN Limited Board Declares Interim Dividend of ₹1.15 Per Share for FY 2025-26

SJVN Limited announced that its Board of Directors, following a meeting on February 11, 2026, has declared an Interim Dividend of ₹1.15/- per equity share for the financial year 2025-26. This disclosure includes detailed communication regarding Tax Deducted at Source (TDS) provisions applicable to both resident and non-resident shareholders. Shareholders are urged to submit necessary documentation, such as PAN details and relevant forms, by the strict deadline of February 22, 2026, to ensure correct TDS application.

Interim Dividend Announcement for FY 2025-26

SJVN Limited has formally communicated the declaration of an Interim Dividend following the Board of Directors meeting held on February 11, 2026. The declared dividend stands at ₹1.15/- per equity share for the Financial Year 2025-26. The detailed communication regarding the Tax Deduction at Source (TDS) applicable to this dividend payment is enclosed with this intimation.

Tax Deduction at Source (TDS) Requirements

Resident Shareholders

The company is mandated to withhold tax on dividend income for resident shareholders based on rates prescribed under Section 194 of the Income-tax Act.

• For Individual shareholders where the total dividend for FY 2025-26 does not exceed INR 10,000, and who furnish a Valid Form 15G or Form 15H, the applicable TDS rate is NIL.
• If the shareholder has an available PAN, the applicable TDS rate is 10%.
• If the PAN is not available/invalid, the applicable TDS rate jumps to 20%.
• LIC, GIC, or other insurers are exempt from TDS on dividends provided they submit a Self-attested copy of valid IRDAI registration certificate.

All resident shareholders are requested to update their PAN details with the depositories or the Company’s Registrar and Transfer Agents (RTA) promptly. If the PAN is not linked with Aadhaar, it may be deemed inoperative, leading to higher withholding tax rates as per Section 206AA.

Non-Resident Shareholders

For non-resident shareholders (including FII/FPI), the applicable TDS rate is generally 20% (plus surcharge and cess) OR the DTAA Rate* (whichever is lower).

To avail the benefit of a Double Taxation Avoidance Agreement (DTAA), non-residents must submit several documents, including:

1. Self-attested copy of the Indian PAN card (if available).
2. Self-attested copy of the Tax Residency Certificate issued by the home country’s tax revenue department.
3. A copy of Form 10F filed electronically on the Indian Income Tax Portal.
4. A detailed Self-declaration confirming tax residency status for FY 2025-26 and eligibility for DTAA benefits.

Important Submission Deadlines

Shareholders must upload the required documentation via the specified link by 05:00 P.M. on February 22, 2026. The company will not accept any communications or documents related to TDS after this deadline. Following the compliance window, the company will email soft copies of the TDS certificates, and shareholders can view the credit in their Form 26AS.

The Company explicitly notes that the tax deducted is final, and shareholders claiming a refund due to higher rate deduction must do so when filing their individual income tax returns.

Source: BSE