Muthoot Finance Ltd

📋 Muthoot Finance Interim Dividend: ₹30 Per Share

- Muthoot Finance Limited declared an interim dividend of Rs. 30 per equity share for FY 2025-26, approved by the Board on April 10, 2026.

- Dividend will be paid to shareholders based on beneficial ownership records as of April 17, 2026, with TDS applicable under the Income-tax Act, 2025.

- TDS rates vary: 10% for resident shareholders with valid PAN, 20% for those without PAN or with invalid PAN, and nil for dividends under Rs. 10,000 annually.

- Resident shareholders can avoid TDS by submitting Form 121 if eligible, such as individuals with total income below taxable limits or specific exempt entities.

- Non-resident shareholders face a default TDS rate of 20% plus surcharge/cess, which may be reduced under tax treaties with proper documentation like a Tax Residency Certificate.

- Shareholders must submit required documents (e.g., PAN, Form 121) by April 27, 2026, via the provided online link to avoid higher TDS deductions.

- TDS certificates (Form 168) will be available for download from the Income Tax e-filing portal, and refunds for excess TDS can be claimed through tax returns.

- Physical shareholders must update KYC details (PAN, nomination, bank account) by April 27, 2026, to receive dividends electronically and avoid withholding.

- The company emphasizes consulting tax advisors for personalized advice and disclaims liability for TDS-related issues arising from shareholder-provided information.