Tata Chemicals Sets June 10 Record Date for FY26 Dividend
Tata Chemicals Limited has announced June 10, 2026, as the record date for the ₹11 per share dividend recommended for the financial year ended March 31, 2026. The 87th AGM to approve the dividend is set for June 26, 2026, via video conferencing. The company has outlined TDS rates and documentation requirements for resident and non-resident shareholders, with a submission deadline of June 8, 2026.

*this image is generated using AI for illustrative purposes only.
Tata Chemicals Limited has fixed Wednesday, June 10, 2026, as the record date to determine shareholder entitlement for the dividend recommended for the financial year ended March 31, 2026. The Board of Directors, at their meeting held on May 4, 2026, recommended a dividend of ₹11 per ordinary share of ₹10 each. This dividend is subject to shareholder approval at the 87th Annual General Meeting (AGM) scheduled for Friday, June 26, 2026, at 3:00 p.m. IST via Video Conferencing.
Dividend Payment and Taxation
If declared at the AGM, the dividend will be paid on or after Tuesday, June 30, 2026, subject to tax deduction at source (TDS). Pursuant to the Income-tax Act, 2025, dividend income is taxable in the hands of shareholders. To ensure the correct withholding rate, shareholders must submit specific forms and declarations. The company has set a deadline of Monday, June 8, 2026, for the submission of these documents.
TDS Rates for Resident Shareholders
The applicable TDS rates for resident shareholders vary based on documentation and PAN status. The following table summarises the key rates:
| Category | TDS Rate |
|---|---|
| Dividend up to ₹10,000 | Nil |
| Form 121 submitted with PAN linked to Aadhaar | Nil |
| Valid PAN provided | 10% |
| PAN not provided / invalid / PAN-Aadhaar linking not done | 20% plus applicable surcharge and cess |
Resident individual shareholders may submit Form 121 electronically through their respective depositories. Shareholders are advised to ensure their Aadhaar number is linked to their PAN to avoid the higher TDS rate of 20%.
Guidelines for Non-Resident Shareholders
For non-resident shareholders, including Foreign Institutional Investors (FIIs) and Foreign Portfolio Investors (FPIs), the standard withholding tax rate is 20% plus applicable surcharge and cess. Beneficial tax treaty rates may apply if the required documents are submitted by the deadline. The following table outlines the documentation required to claim Double Tax Avoidance Agreement (DTAA) benefits:
| Document Required | Details |
|---|---|
| PAN Card | Self-attested copy; if unavailable, furnish name, contact, tax ID, and country address |
| Tax Residency Certificate (TRC) | For Tax Year 2026-27, from country of residence |
| No Permanent Establishment Declaration | Self-declaration for Tax Year 2026-27 |
| Form 41 | Filed electronically via income tax e-filing portal |
Document Submission Process
Shareholders must upload or email the relevant documents on or before Monday, June 8, 2026. Documents submitted after this date will not be considered for tax treaty benefits or exemptions. The submission details are as follows:
| Shareholder Category | Email for Document Submission |
|---|---|
| Resident Shareholders | Csg4exemptforms2627@in.mpms.mufg.com |
| Non-Resident Shareholders | tdsdivnr@tatachemicals.com |
In the absence of receipt of complete details or documents by the deadline, tax on the dividend will be deducted at the prescribed rate. Shareholders may file their income tax return to claim an appropriate refund if eligible.
Historical Stock Returns for Tata Chemicals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.35% | -6.75% | -10.72% | -7.76% | -20.22% | -0.75% |
How does Tata Chemicals' ₹11 per share dividend compare to its dividend payouts over the past five years, and does this signal a shift in the company's capital allocation strategy?
What impact could the new Income-tax Act, 2025's dividend taxation framework have on retail investor sentiment toward dividend-paying stocks like Tata Chemicals?
Given the tightened TDS compliance requirements, how might institutional and foreign portfolio investors adjust their holdings in Indian dividend-paying companies ahead of future record dates?


































