JSW Infrastructure Limited informed shareholders about tax deduction at source (TDS) provisions for the dividend recommended for financial year 2025-26. The company sent communication on July 9, 2026 detailing TDS process and documentation requirements for claiming tax exemption on the dividend.
The Board of Directors at its meeting on May 8, 2026 recommended a dividend of Re 0.90 per equity share of Rs 2 each for FY25-26. JSW Infrastructure has set Thursday, June 18, 2026 as the record date for determining dividend eligibility. TDS declarations must be submitted by July 18, 2026 through the KFin Technologies Limited portal.
For resident individual shareholders, no TDS will be deducted if the aggregate dividend during the tax year does not exceed Rs 10,000. Where a valid PAN is available, TDS will be deducted at 10 percent on the dividend amount. In cases where PAN is not available or is invalid, TDS will be deducted at 20 percent.
For non-resident shareholders, TDS will be withheld at 20 percent plus applicable surcharge and health and education cess. Non-resident shareholders may opt for beneficial rates under Double Tax Avoidance Agreements by submitting a tax residency certificate and Form 41. FII and FPI shareholders will have TDS deducted at 20 percent without reduction under DTAA.
Following SEBI regulation amendments effective November 19, 2025, dividend payments will be made exclusively through electronic modes such as NEFT and RTGS. Physical dividend warrants have been discontinued, and shareholders must ensure their bank account details are updated with their depository participant.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.