Zensar Technologies final dividend ₹12.60, TDS deadline June 26
Zensar Technologies Limited has recommended a final dividend of ₹12.60 per share (630% of face value) for FY26, subject to shareholder approval. The company outlined TDS norms under the Income Tax Act, 2025, setting a June 26, 2026 deadline for submitting exemption forms like Form 121 and DTAA documents. Failure to provide valid PAN or required documentation will result in a higher 20% TDS deduction.
*this image is generated using AI for illustrative purposes only.
Zensar Technologies Limited has recommended a final dividend of ₹12.60 per share for the financial year ended March 31, 2026. The payout, amounting to 630% of the face value of ₹2 each, is subject to shareholder approval at the upcoming 63rd Annual General Meeting. The company has detailed the Tax Deducted at Source (TDS) implications and documentation required for shareholders to ensure compliance with the Indian Income Tax Act, 2025, with a submission deadline of Friday, June 26, 2026.
The Board of Directors approved the recommendation at its meeting on April 24, 2026. Under the Income Tax Act, dividend is taxable in the hands of shareholders, and the company is mandated to deduct TDS at applicable rates. For resident shareholders, tax will be deducted at 10% on dividend amounts exceeding ₹10,000 unless valid exemptions are claimed. Shareholders with invalid or inoperative PAN will face a higher TDS rate of 20%.
Tax Compliance Deadlines
Resident individuals seeking exemption from TDS must submit Form 121 and other prescribed documents to the Registrar and Transfer Agent, KFin Technologies Limited, or through their depository participants (NSDL/CDSL) by Friday, June 26, 2026. Non-resident shareholders wishing to claim benefits under Double Tax Avoidance Agreements (DTAA) must submit a Tax Residency Certificate, Form 41, and self-declarations regarding beneficial ownership and permanent establishment by the same deadline.
| Shareholder Category | TDS Rate | Key Conditions |
|---|---|---|
| Resident Individuals | 10% | On dividend exceeding ₹10,000; valid PAN required. |
| Invalid/Inoperative PAN | 20% | Applicable if PAN is invalid or not linked with Aadhaar. |
| Insurance Companies | NIL | Declaration under Insurance Act, 1938 required. |
| Mutual Funds | NIL | Declaration under Schedule VII of Income Tax Act required. |
| Non-Residents | As per DTAA | Submission of TRC, Form 41, and PAN required. |
The company emphasized that dividend payments will be made only via electronic mode as per SEBI regulations. Shareholders must ensure their bank account details, PAN, and contact information are updated with KFin Technologies Limited to receive payouts. Zensar also noted the "Saksham Niveshak" campaign, running from April 1, 2026, to July 9, 2026, encouraging investors to claim unpaid dividends before transfer to the IEPF.
Historical Stock Returns for Zensar Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.42% | -7.00% | -11.35% | -38.74% | -47.66% | +55.40% |
How will the 630% payout ratio impact Zensar's capital allocation plans for FY2027?
What does this dividend signal about Zensar's revenue visibility and deal pipeline for the coming year?
Could this high dividend trigger a shift in Zensar's shareholder base towards income-focused institutional investors?
20
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
