Vishnu Chemicals Final Dividend TDS Communication

NSE Symbol: VISHNU

The Board of Directors recommended a Final Dividend of ₹0.30 per equity share (face value ₹2 each), representing 15% for FY ended March 31, 2026.
Dividend subject to shareholder approval at Annual General Meeting scheduled for Friday, August 28, 2026.
Record date fixed for determining eligibility: Friday, August 21, 2026.
Dividend payment timeline: Within 30 days from AGM date, i.e., on or before September 27, 2026.
Payment method: Electronic transfer only to members with updated bank details with Depository Participants (demat) or Company's RTA (physical shares).

Dividends paid after April 1, 2020 are taxable in shareholders' hands.
Company mandated to deduct TDS at applicable rates based on shareholder residential status and documentation.

Resident Individual Members:

10% TDS for members with valid PAN
20% TDS for members without PAN/invalid PAN
Lower/nil deduction possible with certificate under Section 395 of Income Tax Act, 2025
No TDS if total dividend during FY 2026-27 does not exceed ₹10,000

Resident Non-Individual Members:

NIL TDS rate applicable for specific entities subject to documentary evidence:
Insurance Companies: Declaration of beneficial interest + PAN copy
Mutual Funds: Self-declaration under Schedule VII(21) + PAN + registration certificate
Alternative Investment Funds (AIF): Self-declaration of exemption under Schedule V(1) + PAN + SEBI registration
Corporations exempt from income-tax: Self-declaration of establishing Central Act + PAN + registration
Other exempt entities under Section 393(1)(7) or 393(4)(10)
Application of NIL rate subject to satisfactory document review by Company/RTA

Non-Resident Members:

Default TDS rate: 20% (plus applicable surcharge and cess)
DTAA benefits available if more beneficial, requiring submission of:
PAN copy (if allotted)
Tax Residency Certificate (TRC) for FY 2026-27
Electronically filed Form 41 on Income Tax Portal
Self-declaration confirming tax residency, no permanent establishment in India, beneficial ownership eligibility
Company not obligated to apply DTAA rates - subject to document review

FII/FPI Investors:

Tax Residents of Notified Jurisdictional Areas:

TDS @ 30% or specified rate or rates in force, whichever is higher under Section 176

Lower/NIL withholding possible with certificate under Section 393(6)(a) for all categories
For custodians not being beneficial owners: Credit transfer possible via declaration under Rule 203 of Income-tax Rules, 2026

Document submission deadline: Friday, August 7, 2026, by 11:59 PM IST
Submission methods: Physical copy via courier/post or scanned copy to investors@vishnuchemicals.com or bsshyd@bigshareonline.com
Aadhaar-PAN linkage mandatory to avoid higher TDS deduction
Multiple accounts under single PAN: Highest applicable tax rate applied to entire holding
Tax credit viewable in Form 26AS via TRACES portal or Income Tax e-filing website
TDS certificates issued on case-to-case basis
No claims against Company for taxes deducted at higher rates
Members responsible for indemnifying Company against demands arising from misrepresentation