Transport Corporation of India has announced February 10, 2026 as the record date for its first interim dividend of ₹9 per share for FY26. The company has issued comprehensive guidelines to shareholders regarding Tax Deduction at Source (TDS) provisions applicable on the dividend payment, with detailed documentation requirements for different shareholder categories.

Dividend and Record Date Details

The Board of Directors approved the interim dividend declaration on February 04, 2026, with the record date set for February 10, 2026. The company has communicated detailed TDS implications to shareholders through official correspondence signed by Compliance Officer Sunil Kumar and Company Secretary Hansa Sharma.

TDS Provisions for Resident Shareholders

Following amendments in the Income-tax Act, 1961 via Finance Act, 2020, the company will deduct tax at source on dividend payments. For resident shareholders with valid PAN linked to Aadhaar, TDS will be deducted at 10.00%, while those without valid PAN will face 20.00% deduction. Resident individuals can submit Form 15G/15H to claim nil TDS, subject to meeting specified conditions.

Non-Resident Shareholder Guidelines

Non-resident shareholders, including Foreign Institutional Investors and Foreign Portfolio Investors, will face TDS at 20.00% plus applicable surcharge and education cess, or DTAA rate if lower. To claim beneficial DTAA rates, non-residents must submit Tax Residency Certificate, Form 10F, PAN details, and specific declarations confirming their tax residency status and beneficial ownership.

Documentation Submission Requirements

Shareholders must submit required documents to KFin Technologies Limited, the company's Registrar and Share Transfer Agent, by February 11, 2026. The company has specified that no claims will be entertained after this deadline, and higher TDS rates will apply in case of incomplete documentation. All dividend payments will be made electronically, requiring updated bank account details with depositories for demat shareholders.

The comprehensive TDS communication demonstrates Transport Corporation of India's commitment to regulatory compliance while ensuring shareholders understand their tax obligations and available exemptions for the interim dividend payment.

Transport Corporation of India Limited has notified stock exchanges about a potential interim dividend consideration during its upcoming board meeting. The logistics company informed BSE and NSE that the Board of Directors may deliberate on the payment of 1st interim dividend for FY26.

Board Meeting Details

The board meeting is scheduled for Wednesday, February 04, 2026, as previously communicated through the company's letter dated January 16, 2026. This latest communication serves as an additional intimation regarding the potential dividend consideration during the same meeting.

Trading Window Closure

The company has implemented a trading window closure as part of its compliance with insider trading regulations. The restriction on trading in company shares became effective from January 01, 2026, and will continue until February 06, 2026.

Regulatory Compliance

Transport Corporation of India Limited has issued this notice in compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's Compliance Officer, Sunil Kumar, signed the official communication dated January 28, 2026.

The information has been made available on the company's official website at www.tcil.com , ensuring transparency and accessibility for all stakeholders. The company operates from its corporate office in Gurugram, Haryana, with its registered office located in Secunderabad, Telangana.