Route Mobile announces second interim dividend, tax rules apply

Route Mobile Limited announced a second interim dividend of ₹3 per equity share (30% of ₹10 nominal value) for the financial year 2025-26. The dividend will be paid on or before Tuesday, November 25, 2025, to shareholders registered as of Monday, November 10, 2025. Tax will be deducted at source (TDS) on dividends, as per revised Income Tax Act, 1961 provisions.

No tax will be withheld if the dividend payable to resident individual shareholders with a valid Permanent Account Number (PAN) is less than ₹10,000 for FY 2025-26, or if applicable forms (15G/15H) are submitted. Shareholders are required to update their PAN details with depositories or the Registrar and Share Transfer Agents (KFin Technologies Limited). Failure to provide a valid PAN will result in a higher TDS rate of 20%, as per Section 206AA of the Act. Additionally, PANs must be linked with Aadhaar as per Section 139AA of the Income Tax Act 1961 to avoid a 20% TDS rate.

The TDS rate will vary based on the shareholder's residential status. Non-resident shareholders may be subject to a 20% TDS rate (plus applicable surcharge and cess) or a lower tax treaty rate, whichever is beneficial, upon submission of required documents such as a Tax Residency Certificate (TRC) and Form 10F. All tax-related documents must be uploaded by 5:00 PM (IST) on Monday, November 10, 2025, for the appropriate TDS rate to be applied.