Key Quantitative Figures

  • The Board has recommended a final dividend of ₹0.40 (20%) per equity share of face value ₹2 each for the financial year 2025-26.

Dates of Action and Financial Impact

  • Record Date for determining members entitled to receive the final dividend: Monday, July 6, 2026.
  • 4th Annual General Meeting (AGM) Date: Thursday, July 16, 2026, at 11:00 A.M. IST.
  • The dividend, if declared at the AGM, will be paid within 30 days from the conclusion of the AGM.
  • Deadline for shareholders to submit documents for TDS exemption/benefit: July 6, 2026.
  • Remote e-voting period: Commences on Saturday, July 11, 2026 (09:00 AM IST) and ends on Wednesday, July 15, 2026 (05:00 PM IST).
  • Cut-off date for remote e-voting eligibility: July 6, 2026.

Parties Involved

  • Registrar and Transfer Agent (RTA): KFin Technologies Limited (KFinTech).
  • Designated official for grievances: Mr. S.R. Ramesh, Deputy Vice President, KFin Technologies Limited.
  • Company Secretary & Compliance Officer: Ashish Jha (FCS: 11326).

Detailed TDS Procedures and Financial Impact

In accordance with the Income-tax Act, 2025, dividend is taxable in the hands of members, and the Company is required to deduct TDS. The disclosure outlines detailed procedures for both resident and non-resident shareholders:

For Resident Shareholders:

  • Individuals with valid PAN: TDS will be deducted at 10%.
  • Individuals without PAN/invalid PAN: TDS will be deducted at 20%.
  • No TDS will be deducted if the total dividend receivable during FY 2026-27 does not exceed ₹10,000 or if a valid Form 12-I is submitted.
  • Specific resident non-individual shareholders (e.g., Insurance Companies, Mutual Funds, AIFs, certain Corporations) may be eligible for NIL TDS rate upon submission of prescribed documentary evidence and self-attested PAN copy.
  • Shareholders can also submit a certificate under Section 393(6)(a) of the Income-tax Act, 2025 for lower/NIL withholding of taxes.

For Non-Resident Shareholders:

  • Standard TDS rate is 20% (plus applicable surcharge and cess).
  • To avail beneficial rates under Double Tax Avoidance Agreement (DTAA), shareholders must provide:
  • Self-attested PAN copy (if any).
  • Valid Tax Residency Certificate (TRC).
  • Self-declaration for FY 2026-27 (certifying tax residency, beneficial ownership, no permanent establishment in India, etc.).
  • Online filing of Form 41 on the income tax e-filing website.
  • FIIs/FPIs: TDS will be deducted at 20% (plus applicable surcharge and cess); DTAA benefits may not be considered.
  • Tax residents of notified jurisdictional areas: TDS will be deducted at 30% or the rate in force, whichever is higher.

AGM and Voting Instructions

  • The AGM will be held through Video Conferencing (VC)/Other Audio Visual Means (OAVM).
  • The platform for attending the AGM is provided by KFinTech at https://emeetings.kfintech.com.
  • Login credentials for the AGM are provided: EVEN: 9753, User ID: 1208160022546591, and the existing password.
  • Members can vote remotely from July 11 to July 15, 2026, or during the AGM via Instapoll if they haven't voted remotely.
  • The AGM Notice and Annual Report for FY 2025-26 are available on the company's website (https://dcmsil.com/).

Submission of Documents

All requisite documents for claiming T exemptions must be uploaded to the RTA's portal (https://ris.kfintech.com/) by July 6, 2026. Communications submitted after this date will not be considered.

Transfer of TDS Credit

Shareholders who are custodians and not the beneficial owners of the dividend must provide a declaration as per Rule 203 of the Income-tax Rules, 2026, by July 6, 2026, to transfer the TDS credit to the beneficial owner.