SH Kelkar Declares Interim Dividend of ₹1/Share for FY26, Shareholders Advised on TDS
S H Kelkar declared an interim dividend of ₹1 per share for FY25-26, payable to shareholders of record by Feb 13, 2026. Shareholders must submit TDS exemption documents by Feb 16, 2026. Non-compliance or lack of documentation may result in higher TDS rates.
The announcement concerns dividend distribution and tax implications for shareholders, which is a material event for investors. It requires specific actions from shareholders by a set deadline.
The announcement is a standard communication regarding dividend payment and associated tax regulations, with no significant positive or negative financial implications beyond the dividend itself.
S H Kelkar and Company Limited has announced an interim dividend of ₹1 (10%) per equity share for the financial year 2025-26. The dividend will be paid to shareholders of record as of February 13, 2026. The Board of Directors approved this dividend on February 6, 2026.
The company has issued a communication to its shareholders regarding Tax Deduction at Source (TDS) on this interim dividend. As per the Income Tax Act, 1961, dividends paid after April 1, 2020, are taxable in the hands of shareholders. For resident shareholders with a valid PAN, TDS will be 10%. If PAN is invalid or not linked with Aadhaar, TDS will be 20%. Resident individuals receiving less than ₹10,000 in dividends or submitting valid Form 15G/15H are exempt from TDS. Specific documentation is required for resident non-individuals, such as insurance companies, mutual funds, and trusts, to claim exemptions.
Non-resident shareholders will be subject to TDS at 20% (plus surcharge and cess) as per domestic tax law, or they can opt for beneficial rates under Double Taxation Avoidance Agreements (DTAA) by providing necessary documentation, including a Tax Residency Certificate (TRC) and Form 10F. Shareholders failing to link their PAN with Aadhaar may face TDS at a higher rate of 20%.
Shareholders are requested to submit all required tax exemption documents and declarations to the company's Registrar and Transfer Agent, MUFG Intime India Private Limited, by February 16, 2026, through the provided online portal. The company also advises shareholders to update their contact and bank account details with their Depository Participant.
What to do with a filing like this
S H Kelkar and Company Limited filed this with the NSE as a statutory disclosure, categorised under dividend. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by S H Kelkar and Company Limited. Read the original for the full detail.