Dividend Details

The Board of Directors at its meeting held on May 22, 2026, recommended a final dividend of ₹1.25 per fully paid-up equity share (face value ₹5 each), representing 25%. This dividend is subject to approval by shareholders at the 39th Annual General Meeting scheduled for Friday, July 31, 2026.

Key Dates

  • Record Date: Friday, July 17, 2026 (for determining dividend entitlement)
  • AGM Date: Friday, July 31, 2026 (for dividend approval)
  • Payment Date: On or before Saturday, August 29, 2026
  • Document Submission Deadline: Monday, July 20, 2026 (cut-off period)

TDS Framework

The company will deduct tax at source from dividend payments as required under the Income Tax Act, 2025 (as amended by Finance Act, 2026). The TDS rates vary based on shareholder category and documentation provided.

Resident Shareholders TDS Provisions

  • Standard TDS rate: 10% for shareholders with valid PAN
  • Higher TDS rate: 20% for shareholders without PAN, invalid PAN, or non-linked PAN with Aadhaar
  • Exemption for resident individuals: No TDS if total dividend during FY 2026-27 does not exceed ₹10,000
  • Exemption available through submission of Form 121 or exemption certificate from Income-tax Department

Resident Non-Individual Categories and Requirements

Specific documentation requirements for:

  • Insurance Companies: Self-declaration of insurer status under Section 2(7A) of Insurance Act, 1938, PAN copy, and IRDA registration
  • Mutual Funds: SEBI registration proof and notification under Section 11 of Schedule VII
  • Alternative Investment Funds: SEBI registration as Category I or II AIF and income exemption proof
  • NPS Trust: Qualification as NPS trust and regulatory compliance proof
  • Other Non-Individuals: Documentary evidence supporting exemption with PAN copy

Non-Resident Shareholders TDS Provisions

  • Standard withholding tax rate: 20% (plus applicable surcharge and cess)
  • Option to avail Double Tax Avoidance Agreement (DTAA) benefits if more beneficial
  • Requirements for DTAA benefits: PAN copy (or alternative details), Tax Residency Certificate, e-filed Form 41, self-declaration of treaty eligibility
  • Specific additional requirements for Singapore tax residents and SEBI-registered FIIs/FPIs

Lower Withholding Certificate

Shareholders (resident or non-resident) may submit certificate under Section 395 of the Act for lower/nil withholding taxes. Certificate must specify company's TAN: BRDM03839D.

Additional Provisions

  • TDS at higher rate (20%) for non-linkage of PAN with Aadhaar as per Section 262
  • Declaration requirement under Rule 203 of Income-tax Rules, 2026 for cases where dividend income is assessable by someone other than the deductee
  • For multiple accounts under different status/category with single PAN, higher applicable tax rate will be applied to entire holding

Document Submission Process

  • Documents available for download from company website: https://www.20microns.com/investors/communicationwithrespecttotds
  • Submission methods: Physical delivery to registered office at Plot No. 9-10, GIDC Industrial Estate, Waghodia, Dist. Vadodara – 391760, or email to co_secretary@20microns.com
  • Strict deadline: Documents must be received by Monday, June 15, 2026, by 6:00 p.m. (IST)
  • Documents received after deadline will not be considered for TDS determination

Payment and Refund Process

  • Dividend will be paid after TDS deduction
  • Shareholders can claim refunds through income tax returns if eligible
  • Tax credit can be viewed in Form 168 via TRACES portal or Income Tax Department e-filing website

Bank Account Updates

Shareholders must ensure bank account details are updated in demat accounts/physical folios for direct dividend credit. Physical shareholders must comply with SEBI circular mandates for electronic dividend payments effective April 1, 2024.