Trent Limited has announced a recommended dividend of ₹6 per equity share of Re. 1 for the financial year ending March 31, 2026. Furthermore, the company has proposed an issuance of bonus shares in a 1:2 ratio, subject to shareholder approval. The company will implement tax deduction at source (TDS) on these dividends, with a submission deadline for required tax documentation set for May 27, 2026.
Dividend and Bonus Share Details
During the board meeting held on April 22, 2026, Trent Limited recommended a dividend payout of ₹6 per equity share (representing 600%) for the fiscal year 2025-26. Additionally, the Board approved a 1:2 bonus issue, where eligible shareholders will receive one bonus equity share for every two fully paid-up equity shares held. If approved, the dividend per share will be adjusted proportionately to account for the increase in total equity shares post-bonus.
Tax Deduction Procedures
Dividend income is subject to tax deduction at source (TDS). For resident shareholders with a registered valid PAN, the tax will be withheld at 10%. If a valid PAN is not provided or linked to Aadhaar, the withholding tax rate will increase to 20%. Certain resident individuals may qualify for a Nil TDS rate if their total dividend income remains below ₹10,000 for the tax year or if they submit the necessary exemption forms.
Submission of Documentation
To ensure the appropriate withholding tax rate is applied, shareholders must submit their required tax documents by Wednesday, May 27, 2026. Residents may upload their forms via the company’s designated web portal or submit scanned copies to the provided company email address. Non-resident shareholders seeking Double Tax Avoidance Treaty benefits must also provide a Tax Residency Certificate (TRC) and relevant declarations by the same deadline.
Electronic Payment Requirement
In line with current financial mandates, all dividend payments will be processed exclusively through electronic mode. Shareholders holding shares in physical form must ensure their KYC details, including bank account information and PAN, are updated with the Registrar and Transfer Agent (RTA) by May 27, 2026. Those holding shares in dematerialized form are advised to verify that their bank mandates are correctly registered with their respective Depository Participants.
Source: BSE
