Dividend Announcement Details

The Board of Directors, at its meeting held on May 19, 2026, recommended a dividend of Re. 1 (20%) per equity share of face value of Rs. 5 each for FY ended March 31, 2026.

Thursday, July 23, 2026 has been fixed as the record date for determining entitlement to receive dividend. The dividend payment is subject to approval by members at the forthcoming Annual General Meeting scheduled for Thursday, July 30, 2026. If approved, dividend will be paid within 30 days from the AGM date.

TDS Compliance Requirements

As per Income Tax Act, 2025, dividends are taxable in shareholders' hands, requiring TDS deduction at applicable rates. Shareholders must ensure PAN, residential status, category, email, address, and bank mandate details are updated in their demat accounts by the record date (July 23, 2026).

Dividend will be paid only through electronic mode as mandated by SEBI notification dated November 18, 2025 and Master Circular for RTAs dated February 6, 2026. Dividends will be withheld where bank details are inadequate or not registered for electronic remittance.

Physical shareholders must register PAN, nomination choice, contact details, mobile number, bank account details, and specimen signature for dividend payment.

TDS Rates and Exemptions

Resident Shareholders

  • TDS @ 10% under Section 393(1) Table Sr. No. 7 for valid PAN holders
  • TDS @ 20% under Section 397(2) for no PAN/invalid PAN/deleted PAN
  • No TDS for resident individuals if total dividend ≤ Rs. 10,000 (Section 393(4) Table Sr. No. 10)
  • Exemption available via Form 121 for eligible resident individuals

Specific exemptions with NIL TDS rate for:

  • Insurance Companies (with registration certificate and self-declaration)
  • Mutual Funds (SEBI registered and specified under Schedule VII)
  • NPS Trust, Recognized Provident Funds, Approved Superannuation/Gratuity Funds
  • National Pension Scheme
  • Entities exempt under Schedule VII to Section 11
  • Corporations exempt from income-tax
  • Lower/NIL withholding certificates under Section 395

Non-Resident Shareholders

  • TDS @ 20% plus applicable surcharge and cess under Section 393(2) [Table No. Sr. 17 and 15]
  • Option to avail DTAA benefits if more beneficial
  • Required documents: PAN (if available), Tax Residency Certificate (TRC), name, email, contact number, address, tax identification number
  • For FII/FPI: additional SEBI registration certificate required
  • Company discretion applies for DTAA benefit application

Additional Provisions

  • PAN deemed invalid if not linked with Aadhaar per Section 262, resulting in 20% TDS under Section 397(2)
  • Declaration under Rule 203 required by July 23, 2026 for TDS credit to persons other than registered shareholders
  • Higher tax rate applicable across multiple accounts under single PAN
  • NSDL's tax service available for institutional members through custodians

Submission Timeline and Process

All tax-related documents (Form 121, registration certificates, declarations) must be submitted on or before Thursday, July 23, 2026. Documents can be emailed to helpdesk@computechsharecap.in. Incomplete/unsigned forms will not be considered.

Important Notes

  • Tax rates enhanced by applicable surcharge and cess
  • Higher TDS deductions may be refundable via income tax returns
  • Tax credit viewable in Form 26AS via TRACES or Income Tax portal
  • Self-attested documents require "certified true copy" notation
  • Shareholders responsible for indemnifying company against tax demands from misrepresentation
  • Demat shareholders must update details through Depository Participants; physical shareholders through RTA