DCM Shriram Industries has informed that the Company has fixed Friday, 3 rd July, 2026 as the ‘Record Date’ for the purpose of determining the members entitle to receive dividend for the financial year 2025 -26. It is also provided that the dividend, if declared at the AGM, will be paid within a period of 30 (thirty) days from the conclusion of the AGM. In terms of the applicable provisions of the Income-tax Act, 2025 (“the Act”), any dividend paid or distributed by a Company is taxable in the hands of the members. The Company shall therefore be required to deduct tax at source at the time of making the payment of the dividend, if declared at the AGM. In line with above, it enclosed a communication regarding Tax Deducted at Source (TDS) on Dividend for the Financial Year 2025-26, inter-alia, prescribing the process and requirement of requisite documents for claiming tax exemption on Dividend for the Financial Year 2025-26 for Resident and Non-Resident members, mailed to the shareholders.
The above information is a part of company’s filings submitted to BSE.
