Banco Products (India) Ltd
🏦 Banco Products Declares ₹8 Per Share Interim Dividend | Record Date: March 19, 2026
• Second interim dividend: ₹8 per equity share (400%) for FY 2025-26
• Record date for eligibility: March 19, 2026
• Resident shareholders: 10% TDS if dividend exceeds ₹10,000 (exemptions via Form 15G/15H)
• Non-resident shareholders: 20% withholding tax plus surcharge/cess (reducible via DTAA benefits)
• PAN-Aadhaar linkage mandatory; invalid/unlinked PAN results in up to 20% TDS for residents
• Deadline for document submission to avoid higher TDS: March 19, 2026
• Submit documents to MUFG Intime India Private Limited via online portal or email
• Shareholders must update bank details and PAN with depository or RTA for direct dividend credit