JK Cement Recommends ₹20 Dividend for FY26

The Board of Directors has recommended a final dividend of ₹20 per equity share for the financial year 2025-26.
This dividend is subject to approval by shareholders at the ensuing Annual General Meeting.
The dividend will be payable to shareholders whose names appear in the company's records as on July 10, 2026 (record date).

All relevant tax declaration documents must be submitted on or before Monday, July 6, 2026.

No TDS if aggregate dividend during FY 2026-27 does not exceed ₹10,000.
TDS @ 10% if dividend exceeds ₹10,000 and valid PAN is available.
TDS @ 20% if PAN is not available, not updated, invalid, or inoperative (including cases where PAN-Aadhaar linking is mandatory but not completed).
Exemption from TDS possible by submitting Form 121 for FY 2026-27, subject to fulfilment of prescribed conditions.
Required documents: Form-121 for FY 2026-27, self-attested copy of PAN card, and supporting documentary evidence for exemption.
Demat shareholders can submit Form 121 electronically through NSDL or CDSL portals.

Eligible categories for lower/nil withholding include:

Insurance companies (self-declaration + registration certificate + PAN)
Mutual Funds (self-declaration confirming eligibility under Schedule VII + registration documents + PAN)
Alternative Investment Funds (AIFs) established in India (declaration confirming eligibility under Schedule V + registration documents + PAN)
New Pension System Trust (declaration + supporting evidence + PAN)
Finance companies/units/broker-dealers located in IFSC (declaration in prescribed format + registration certificate + PAN)
Other shareholders with valid lower/nil withholding certificate under Section 395 of Income Tax Act, 2025

Standard TDS rate: 20% plus applicable surcharge and cess.
Lower rates under DTAA possible upon submission of:
Self-attested PAN copy (if allotted)
Valid Tax Residency Certificate (TRC) for FY 2026-27
Electronically generated Form 41 (where applicable)
Self-declaration confirming DTAA eligibility, beneficial ownership, absence of PE in India
SEBI registration certificate (for FIIs/FPIs)
Certificate under Section 395 for lower/nil withholding (where applicable)
Without PAN, shareholders must furnish details prescribed under Rule 217 of Income-tax Rules, 2026.

For dividend income assessable in hands of person other than registered shareholder: Submit declaration under Rule 203 of Income Tax Rules, 2026.
For joint shareholding: First-named shareholder must furnish documents.
Multiple accounts with same PAN: Higher applicable tax rate may be considered across all holdings.
TDS certificates will be made available at registered email addresses after filing of quarterly TDS returns.

Prescribed forms available at: https://rta.ndml.in/CoreRTAWeb/TaxForms-2026.zip or https://www.jkcement.com/wp-content/uploads/2026/06/Tax-forms-2026.pdf
Submit documents via email to: tax.ndmlrta@ndml.in / div.tds@jkcement.com
No communications regarding tax determination will be entertained after July 6, 2026.

Demat shareholders: Update PAN, residential status, email, mobile number, bank details with Depository Participant.
Physical shareholders: Update details with Registrar and Transfer Agent, NSDL Database Management Limited (NDML).
Contact for assistance: NSDL Database Management Ltd. Tel: 022-49142578/2636, Email: investor.ndmlrta@ndml.in

The communication references the Ministry of Corporate Affairs' 100 Days Campaign effective from April 1, 2026, urging shareholders to update details and claim unpaid/unclaimed dividends before transfer to IEPF.

The information is for general guidance only and not construed as legal or tax advice. Shareholders should consult their tax advisors.