Trident Limited has announced a 1st Interim Dividend of INR 0.50 per fully paid-up equity share (face value of INR 1 each) for the Financial Year 2026-27. This distribution represents a 50% payout per equity share. The dividend will be paid to shareholders whose names appear in the company’s register or beneficial owner records as of the record date, May 23, 2026.
Dividend Details
Following the Board of Directors meeting held on May 19, 2026, Trident Limited has declared an interim dividend for the current financial year. Shareholders are entitled to a payout of INR 0.50 per share. The eligibility for this dividend is strictly determined by the status of shareholding as of the record date, May 23, 2026.
Taxation and Compliance
Dividend income is subject to Tax Deducted at Source (TDS). For resident shareholders, the standard TDS rate is 10%, provided a valid PAN is submitted. If a PAN is invalid or unavailable, the tax deduction rate increases to 20%. Resident individuals may avoid TDS by submitting Form 121, provided they meet the necessary eligibility criteria. For non-resident shareholders, the applicable withholding tax is 20% plus applicable surcharges and cess, unless they qualify for more beneficial rates under existing tax treaties.
Action Required from Shareholders
To ensure the accurate application of tax rates, all shareholders are required to submit their necessary documentation, including tax residency certificates or relevant declarations, to the Registrar and Transfer Agent (RTA) by May 26, 2026. Shareholders are also strongly encouraged to ensure their KYC details, such as PAN, bank account information, and contact details, are updated with the company to prevent any delays in the receipt of dividends or corporate communications.
Source: BSE
