Aegis Logistics sets TDS rules for FY26 dividend of ₹6.70
Aegis Logistics has communicated the tax deduction at source (TDS) framework for the final dividend of ₹6.70 per share for FY26. Resident shareholders face a 10% TDS, reducible to nil under specific conditions or increased to 20% without a PAN. Non-resident shareholders face a 20% rate unless treaty benefits are claimed with valid documentation. All shareholders must submit necessary forms by July 23, 2026, to ensure appropriate tax withholding.

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Aegis Logistics has informed shareholders regarding the tax deduction at source (TDS) applicable to the final dividend of ₹6.70 per share for FY26. The dividend, recommended by the Board on May 29, 2026, is subject to shareholder approval at the Annual General Meeting (AGM) scheduled for August 07, 2026. The record date for determining eligibility is July 10, 2026. The company has specified that TDS will be deducted at prescribed rates under the Income-tax Act, 2025, and shareholders must submit necessary documents by July 23, 2026, to ensure the correct tax rate is applied.
TDS Rates for Resident Shareholders
For resident shareholders, the standard TDS rate is 10% if a Permanent Account Number (PAN) is registered. Tax will not be deducted if the dividend distribution does not exceed ₹10,000 during FY 2026-27. Shareholders may submit Form 121 to declare eligibility for nil deduction. In the absence of a valid PAN, tax will be deducted at a higher rate of 20%.
| Category | TDS Rate | Conditions |
|---|---|---|
| Resident with PAN | 10% | PAN updated with depository or RTA |
| Dividend ≤ ₹10,000 | NIL | For resident individual shareholders |
| No PAN | 20% | As per Section 397(2) of the Act |
TDS Rates for Non-resident Shareholders
Non-resident shareholders are subject to a TDS rate of 20% plus applicable surcharge and cess, unless a lower Tax Treaty rate is applicable. To claim the lower treaty rate, shareholders must submit a Tax Residency Certificate (TRC), Form 41, and a self-declaration confirming beneficial ownership and the absence of a Permanent Establishment in India. If these documents are not provided, the higher rate of 20% will apply.
Document Submission Deadline
Shareholders must update their details and submit required forms, such as Form 121 or declarations for treaty benefits, via the specified registrar link before 11:59 PM IST on July 23, 2026. The company emphasized that no communication or documents regarding tax determination would be accepted after this deadline. The TDS certificate will be emailed to shareholders post-payment, and credit will be available in Form 168.
Historical Stock Returns for Aegis Logistics
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.41% | +4.02% | +27.84% | +107.20% | +79.12% | +320.04% |
How might the strict July 23 deadline impact shareholder participation rates for tax documentation?
Could the TDS requirements influence trading volumes around the July 10 record date?
What are the potential cash flow implications for Aegis Logistics due to the TDS deductions?


































