RHIM Shares Tax Info for Final Dividend FY26: TDS Rules & Documentation
RHI Magnesita India Limited is informing shareholders about TDS procedures for the final dividend of FY25-26. A dividend of ₹2.50 per share was recommended on May 29, 2026. Shareholders must submit documentation by September 14, 2026, to determine TDS rates for the dividend payable after the AGM on September 29, 2026.
This announcement is a standard procedural communication regarding tax regulations and dividend payments. It does not introduce new business, financial results, or strategic changes that would significantly impact the company's valuation or operations.
The announcement is a procedural communication regarding tax deductions on dividends and does not contain information that positively or negatively impacts the company's financial performance or outlook.
RHI Magnesita India Limited has communicated to its shareholders regarding the Tax Deduction at Source (TDS) process for the final dividend of FY25-26. The company has sent detailed emails to shareholders on 31 August 2026, outlining the necessary documentation and procedures to claim exemptions from TDS on dividend income. This information is also available on the company's website.
The Board of Directors had recommended a final dividend of ₹2.50 per equity share on May 29, 2026, subject to shareholder approval at the Annual General Meeting (AGM) scheduled for September 29, 2026. The dividend will be paid to shareholders whose names appear on the register as of September 14, 2026. The communication details the applicable TDS provisions under The Income Tax Act, 2025, for both resident and non-resident shareholders, including rates and required documents such as PAN and Aadhaar linkage. Specific procedures are provided for resident individuals, resident non-individuals, and non-resident shareholders, including options for lower/nil withholding tax certificates and benefits under Double Taxation Avoidance Agreements (DTAA).
Shareholders are urged to submit all requisite documents via email to investors.india@rhimagnesita.com on or before September 14, 2026, to ensure the correct TDS rate is applied. The company will issue TDS certificates post-dividend payment. Shareholders are advised to consult tax professionals for personalized advice.
A plain-language summary of a public exchange filing by RHI MAGNESITA INDIA LIMITED. Read the original for the full detail.