Delton Cables announces final dividend, clarifies TDS details

Delton Cables Limited announced a final dividend of INR 2/- per equity share (face value INR 10/- each) for the financial year 2024-25, recommended by the board of directors on May 30, 2025. This dividend, if approved at the annual general meeting (AGM) scheduled for Friday, September 26, 2025, will be paid within 30 days of the AGM. The company will deduct tax at source (TDS) on this dividend.

For resident individuals, a 10% TDS will apply if a valid permanent account number (PAN) is registered; otherwise, a 20% TDS will be deducted. No tax will be deducted for resident individuals if the total dividend for FY 2025-26 does not exceed INR 10,000/-, or if Form 15G/15H is provided and eligible. The record date for the dividend is September 19, 2025, with documents submitted after this date not being considered for TDS calculations.

Non-resident shareholders will face a 20% TDS (plus applicable surcharge and cess) unless a beneficial rate under a double taxation avoidance agreement (DTAA) is claimed. This requires providing a PAN, tax residency certificate, e-filed Form 10F, and a self-declaration of no taxable presence in India. Shareholders are encouraged to update their KYC details, including PAN, email, mobile, and bank account information with their respective depositories or the registrar and transfer agent by the record date.