Dividend Announcement

The Board of Directors declared an Interim Dividend of ₹1.25 (Rupee One and Twenty-Five paise only) per equity share (12.5% on face value of ₹10 each) for Financial Year 2026-27 in their meeting held on 10 August 2026.

Payment Details

  • Record Date: Friday, 14 August 2026
  • Payment will be made within 30 days from declaration date (10 August 2026)
  • Payment method: Electronic mode only (physical warrants discontinued as per SEBI LODR Regulations)
  • Members must ensure bank account and KYC details are updated with Depository Participants or RTA

TDS Provisions

For Resident Members

  • TDS at 10% if valid PAN registered
  • TDS at 20% if no PAN/invalid PAN
  • No TDS for resident individuals if total dividend during TY 2026-27 does not exceed ₹10,000
  • Exemption available through Form 121 submission or exemption certificate from Income Tax Department

Special Resident Categories (Non-Individuals)

The following entities can claim nil TDS rate with specific documentation:

  • Insurance Companies: Self-declaration as insurer under Insurance Act 1938 + PAN + IRDAI registration
  • AIF (Category I and II): Self-declaration of exemption under Schedule V + PAN + SEBI registration
  • Mutual Funds: Self-declaration of SEBI registration + PAN + registration certificate
  • NPS Trust: Self-declaration as NPS Trust + exemption under Schedule VII + PAN
  • Statutory Bodies: Documentary evidence supporting exemption + PAN

For Non-Resident Members

  • Standard TDS rate: 20% plus applicable surcharge and cess
  • Lower/Nil rates possible with certificate under Section 395(1) of IT Act 2025
  • DTAA benefits available upon submission of:
  • PAN copy (or foreign tax ID if no PAN)
  • Tax Residency Certificate (FY 2026-27)
  • Declaration of no Permanent Establishment in India
  • Declaration of being ultimate economic recipient
  • Form 41 from CBDT
  • All documents must be submitted by 26 August 2026

General Instructions

  • PAN-Aadhaar linking mandatory under Section 262 IT Act 2025 - unlinked PAN will result in 20% TDS
  • For multiple accounts under single PAN, highest applicable tax rate will be applied
  • Lower Tax Certificates must feature Company's TAN: DELH02179C
  • All documents must be uploaded to http://services.rcmcdelhi.com/login by 26 August 2026, 5:00 PM IST
  • No revisions or adjustments possible after TDS deduction
  • TDS credit can be verified through Form 131 (replaces Form 16A) and Form 168 (replaces Form 26AS) on Income Tax Portal

Important Deadlines

  • Document submission deadline: 26 August 2026
  • Record Date: 14 August 2026
  • Payment within 30 days of declaration (by approximately 9 September 2026)

Disclaimer

The company notes that this communication does not constitute legal or tax advice and members should consult their own tax consultants for specific implications. Members are responsible for any tax demands arising from misrepresentation or omission of information provided.