Symphony Limited’s Board of Directors has declared an interim dividend of ₹1.00 per equity share (50% on shares of ₹2.00 each) for the financial year 2026-27. The dividend will be paid to shareholders recorded as of Tuesday, August 11, 2026. All dividend payments will be exclusively through electronic modes, with TDS applicable as per income tax regulations.
Interim Dividend Declared
The Board of Directors at Symphony Limited has announced the declaration of an interim dividend for the financial year 2026-27. The dividend amount has been set at ₹1.00 per equity share, which represents 50% of the face value of ₹2.00 per share. This decision was made during the Board Meeting held on August 04, 2026.
Record Date and Payment Details
The interim dividend will be payable to those shareholders whose names appear in the Company’s Register of Members on the record date, which is fixed as Tuesday, August 11, 2026. Symphony Limited emphasizes that the dividend will be paid exclusively through electronic modes, in line with Reserve Bank of India regulations. Physical instruments such as warrants or cheques will not be issued.
Tax Deducted at Source (TDS) Information
As per the Income-tax Act, 2025, dividend income paid on or after April 1, 2026, is taxable. Symphony Limited is required to withhold tax at source (TDS) from dividends at prescribed rates. The applicable TDS rate varies based on the shareholder’s residential status and submitted documentation. Shareholders are advised to ensure their details, including residential status and PAN, are updated by the record date to comply with TDS provisions. The communication also outlines specific TDS provisions and required documents for various shareholder categories, including Resident and Non-Resident shareholders.
Shareholder Action Required
All shareholders are requested to ensure their depository records (for Demat holdings) or register of members (for physical holdings) are updated with mandatory details like residential status, Permanent Account Number (PAN), and shareholder category by the record date of August 11, 2026. For claiming any beneficial Double Taxation Avoidance Agreement (DTAA) rates, non-resident shareholders must submit specific documents and declarations as detailed in the communication. The company will rely on the details available on record as of the record date for TDS compliance.
Contact Information
For any queries or to submit necessary documents, shareholders can contact the Registrar and Share Transfer Agent (RTA) at [email protected] or [email protected]. Physical documents can be sent to Bigshare Services Private Limited at their Mumbai address. The company will not consider documents submitted after the record date/cutoff date.
Source: BSE
