Uno Minda Limited has announced Friday, May 29, 2026, as the record date to determine shareholder eligibility for the final dividend of ₹1.75 per equity share for the financial year ended March 31, 2026. The dividend, amounting to 87.50% of the face value of ₹2 per share, is subject to shareholder approval at the ensuing Annual General Meeting. This announcement follows a Board meeting held on May 16, 2026.

Tax Deduction at Source

Under the Income Tax Act, 2025, dividends are taxable in the hands of shareholders, and the company will deduct tax at source (TDS) at prescribed rates. For resident individual shareholders, TDS applies if the dividend exceeds ₹10,000 in a financial year. The rate is 10% if a valid Permanent Account Number (PAN) is on record, or 20% if the PAN is unavailable. Non-individual resident shareholders are subject to 10% TDS without any threshold limit, provided a valid PAN is available, or 20% otherwise.

Non-Resident Shareholder Taxation

For non-resident shareholders, including Foreign Institutional Investors (FIIs) and Foreign Portfolio Investors (FPIs), the withholding tax rate is 20% plus applicable surcharge and cess. Shareholders eligible for tax treaty benefits may have a lower rate applied upon submission of specific documents such as a Tax Residency Certificate for FY 2026-27 and Form No. 41.

The company has outlined surcharge rates for non-resident individuals and entities. A surcharge of 10% applies on dividend amounts exceeding ₹50 lakh but not exceeding ₹1 crore, and 15% on amounts above ₹1 crore. For non-resident companies, the surcharge is 2% for dividends above ₹1 crore but not exceeding ₹10 crore, and 5% for amounts exceeding ₹10 crore. A cess of 4% is applicable in addition to the tax and surcharge.

Documentation and Deadlines

Shareholders seeking exemption or lower TDS rates must submit necessary documents, such as Form No. 121 and self-attested copies of PAN cards, by the close of business hours on June 10, 2026. Non-resident shareholders must provide a Tax Residency Certificate, Form No. 41, and a self-declaration of beneficial ownership to avail treaty benefits. Resident non-individual members and non-resident non-individual members must submit documents through custodians registered with NSDL for tax services. Failure to provide the required documentation will result in tax deduction at higher statutory rates.

UNO Minda witnessed a notable block trade on the National Stock Exchange (NSE), with approximately 1,36,340 shares changing hands in a single transaction. The trade was executed at a price of Rs. 1,121.30 per share, aggregating to a total deal value of Rs. 15.29 crores.

Block Trade Details

The following table summarises the key parameters of the block trade recorded on the NSE:

Block trades of this scale are typically executed by institutional investors or large market participants, and are carried out outside the regular order book to minimise market impact. The transaction in UNO Minda reflects considerable activity in the counter at the stated price level.