News Corporate Actions Sreeleathers Limited Declares Interim Dividend of ₹1 Per Share for FY 2025-26Sreeleathers Limited Declares Interim Dividend of ₹1 Per Share for FY 2025-26
Sreeleathers Limited has declared an interim dividend of ₹1 per equity share of ₹10 each for FY 2025-26, approved by the Board on February 6, 2026. The record date is set for February 13, 2026, with payment scheduled on or before February 25, 2026. The company has issued detailed tax deduction guidelines, with TDS rates of 10% for resident shareholders with valid PAN and 20% without valid PAN, while no TDS applies for annual dividends up to ₹10,000. Shareholders must submit required documentation by February 13, 2026 at 9 PM IST to determine appropriate tax deduction rates.
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Sreeleathers Limited has announced an interim dividend of ₹1 per equity share for the financial year 2025-26, marking a positive development for shareholders. The Board of Directors approved this dividend declaration at their meeting held on February 6, 2026.
Dividend Details and Timeline
The company has established clear parameters for the dividend distribution process:
| Parameter | Details |
|---|---|
| Dividend Amount | ₹1 per equity share of ₹10 each |
| Record Date | February 13, 2026 |
| Payment Date | On or before February 25, 2026 |
| Financial Year | 2025-26 |
| Board Meeting Date | February 6, 2026 |
Shareholders whose names appear in the company's records as of the record date will be eligible to receive the interim dividend payment.
Tax Deduction Guidelines
Following the abolition of Dividend Distribution Tax through the Finance Act 2020, dividend income has become taxable in shareholders' hands. The company has outlined comprehensive tax deduction at source (TDS) provisions:
Resident Shareholders
- With valid PAN: 10% TDS
- Without/invalid PAN: 20% TDS
- Exemption threshold: No TDS if annual dividend is up to ₹10,000
- Aggregate calculation: TDS applies on total dividend if exceeding ₹10,000 in FY 2025-26
Non-Resident Shareholders
- TDS rates as prescribed under Income Tax Act or applicable Tax Treaty provisions
- Multilateral Instruments considerations where applicable
Documentation Requirements
Sreeleathers has requested shareholders to submit relevant documentation by February 13, 2026 at 9 PM IST to determine appropriate tax deduction rates. The company has provided specific forms for different shareholder categories:
Individual Shareholders:
- Resident shareholders: Form 15H or Form 15G
- Non-resident shareholders: Individual Non-Resident Self Declaration
Non-Individual Shareholders:
- Resident entities: Non-Individual Resident Self Declaration
- Non-resident entities: Non-Individual Non-Resident Self Declaration
Shareholders must specify their preferred tax regime (old or new) in their declarations. The company will consider the new tax regime as default if no preference is indicated.
Submission Process
Documents should be submitted via email to sreeleathersequity@gmail.com and nichetechpl@nichetechpl.com (Registrar & Share Transfer Agent - Niche Technologies Private Limited). The company recommends system-typed declarations over handwritten formats for efficient verification and processing.
Shareholders holding shares in demat form through Depository Participants or in physical form with existing documentation on record may ignore this requirement if their details are already registered.
Historical Stock Returns for Sreeleathers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.41% | -2.08% | -2.68% | -12.09% | -13.72% | +45.46% |
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