Elecon Engineering Final Dividend TDS Procedures

Elecon Engineering communicated TDS procedures for its recommended final dividend of ₹1.50 per share for FY 2025-26.
Resident shareholders must submit Form 121 by June 12, 2026, to avoid 10% TDS, with exemptions below ₹10,000 dividend income.
Non-resident shareholders face 20% withholding tax plus cess unless they provide TRC, Form 41, and DTAA documents by deadline.
Shareholders with invalid PAN or unlinked Aadhaar will be subject to higher TDS rates of 20% as per Income Tax Act 2025.