Signpost India ₹0.50 Dividend TDS Notification

Date: August 29, 2026

Dividend Declaration or Non-Declaration

• The Board of Directors recommended a dividend of ₹0.50 per equity share (face value ₹2 each) for FY ended March 31, 2026, at their meeting on May 30, 2026.
• The dividend payment is subject to approval at the ensuing Annual General Meeting.
• The record date for determining eligibility is September 11, 2026.

TDS Compliance Requirements

For Resident Shareholders:

• TDS applies under Section 393(1) of Income Tax Act, 2025.
• Individuals/HUF/Company/AOP/BOI/Trust: 10% with PAN, 20% without/invalid/inoperative PAN.
• Resident individuals claiming exemption: NIL TDS upon submitting self-attested Form 121 and PAN card.
• Specific exempt entities (Insurance Cos, Mutual Funds, AIFs, NPS Trust, Corporations): NIL TDS upon submitting prescribed declarations, PAN, and regulatory certificates.

For Non-Resident Shareholders:

• TDS applies under Section 393(2) of Income Tax Act, 2025.
• FIIs/FPIs: 20% plus applicable surcharge and cess; must submit declaration of investment route and SEBI registration.
• Other non-residents: 20% plus applicable surcharge and cess.
• Lower treaty rates: Applicable upon submitting Tax Residency Certificate, Form 41 acknowledgement, and self-declaration of beneficial ownership and no PE in India.

Other Provisions:

• Lower withholding tax certificates under Section 395 accepted if valid for FY2026-27 and covering dividend income.
• Eligible IFSC units exempt from TDS under Section 400(1) read with Section 536(2)(j); must submit Form 1.
• Shareholders with multiple accounts under same PAN subject to TDS at highest applicable rate on aggregate holding.
• Custodian shareholders can transfer TDS credit to beneficial owners by submitting declaration under Rule 203 of Income Tax Rules, 2026.

Procedural Requirements

• Shareholders must update residential status, entity status, PAN, contact details, and bank account details with depositories (for demat holdings) or RTA KFin Technologies Limited (for physical holdings).
• Last date for submission of all TDS-related documents/declarations is September 11, 2026.
• Post November 19, 2025, dividend cannot be paid via physical instruments if bank details are not updated; shareholders must register bank accounts with DP/RTA.
• All documents (except physical share-related forms) to be uploaded at https://ris.kfintech.com/clientservices/investors/taxforms.aspx.
• TDS credits will reflect in Form 26AS on the Income Tax e-filing portal.

Enclosures and References

• Form 121 for resident individuals: https://ris.kfintech.com/clientservices/investors/Templates/TDS_Form-121.pdf
• Form 41 for non-residents: https://crimg.kfintech.com/bmails/files/form-41-Signpost-24990.PDF
• Declaration by resident shareholders: https://ris.kfintech.com/clientservices/investors/Templates/Self%20declaration%20by%20Resident.pdf
• Declaration by non-resident shareholders: https://ris.kfintech.com/clientservices/investors/Templates/SelfDeclarationNRI.pdf