Banco Products (India) Ltd
Banco Products Declares ₹7/Share Interim Dividend 🎯 | Key Dates & Tax Details Inside
- Banco Products (India) declares interim dividend of ₹7 per equity share (350%) for FY 2025-26.
- Record date for dividend eligibility: 19th November 2025.
- TDS applies on dividends as per Income Tax Act, 1961.
- Resident shareholders with dividend income ≤ ₹10,000 exempt from TDS.
- Resident shareholders can submit Form 15G/15H for TDS exemption if eligible.
- Non-resident shareholders face 20% TDS + surcharge/cess (DTAA benefits may apply).
- PAN mandatory for all shareholders; higher TDS if PAN invalid/unlinked with Aadhaar.
- Deadline to submit TDS exemption/lower rate documents: 19th November 2025.
- Shareholders must update bank details and PAN with Depository Participant/RTA.
- No TDS revision requests accepted post 19th November 2025 deadline.