Route Mobile Final Dividend Tax Withholding Procedures
Dividend
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
30th Jul 2026
Company Disclosure
Dividend Details
- Final dividend of ₹2 per equity share (20% on face value of ₹10) declared by Board of Directors on May 7, 2026
- Record date: August 18, 2026
- Payment date: On or before September 10, 2026
- Dividend payable to shareholders whose names appear in register of members as on record date
TDS Provisions
General Requirements
- Dividend taxable in hands of shareholders per Income-tax Act, 2025
- Company required to deduct TDS at applicable rates
- PAN details mandatory for all shareholders
- Without valid PAN: TDS deducted at 20% under Section 397(2)
- PAN must be linked with Aadhaar per Section 262(6) of Income-tax Act, 2025
- Unlinked PAN-Aadhaar results in 20% TDS deduction
Resident Shareholder Exemptions
- No TDS if aggregate dividend during Tax Year 2026-27 is less than ₹10,000 for resident individuals with valid PAN
- Form 121 submission required for nil deduction (available at https://ris.kfintech.com/form121/)
- Lower/NIL tax deduction certificates under Section 197/395(1) accepted
- Specific exemptions for: Securitisation Trusts, Insurance Companies (LIC, GIC), Government/RBI entities, Category I/II AIFs, Recognized provident funds, Approved superannuation/gratuity funds, NPS Trust
Non-Resident Shareholder Provisions
- TDS deducted at 20% plus applicable surcharge and cess
- Beneficial DTAA rates available upon submission of:
- SEBI registration certificate (for FPI/FII)
- Tax Residency Certificate (TY 2026-27)
- Self-certified PAN
- Form 41 in electronic format (Notification No 03/2022)
- Declaration regarding PE/fixed base absence, POEM, principal purpose test, GAAR, Simplified LOB test
- Lower/NIL tax deduction certificates under Section 197/395(1) accepted
Submission Requirements
- Deadline: August 18, 2026 by 5:00 PM IST
- Documents to be uploaded at: https://ris.kfintech.com/form121/
- Post-deadline communications will not be considered
- Joint shareholders: First-named shareholder must submit documents
Additional Compliance Requirements
Physical Shareholders
- Must submit PAN, nomination choice, contact details, bank account details, specimen signature to RTA
- Dividend payment only through electronic mode effective April 1, 2024 per SEBI circulars
- Required forms: ISR-1, ISR-2, ISR-3, SH-13 available on company website
Demat Shareholders
- Update details through Depository Participant
- Required: DPID-CLID (16-digit), client master, PAN, Aadhaar
Disclaimer
- Communication not to be treated as advice from Route Mobile Limited or its affiliates
- Shareholders responsible for any income tax demands arising from misrepresentation
- Company not obligated to amend TDS returns after filing due date