Standard Industries Limited has issued comprehensive guidelines to shareholders regarding Tax Deduction at Source (TDS) for the interim dividend declared by the Board of Directors on February 12, 2026. The communication, sent on February 17, 2026, provides detailed instructions for shareholders to ensure proper tax compliance for the dividend payment.

Dividend Payment Details and Timeline

The company has declared an interim dividend of ₹0.55 per equity share for the financial year 2025-26, with specific dates for shareholders to note:

TDS Framework for Resident Shareholders

For resident shareholders, the company has outlined specific TDS rates based on PAN availability and compliance. Tax will be deducted at 10% for shareholders with valid PAN linked to Aadhaar, while those without valid PAN will face 20% TDS as per section 206AA of the Income Tax Act.

Non-Resident Shareholder Provisions

Non-resident shareholders will be subject to 20% TDS plus applicable surcharge and cess. However, they can avail benefits under Double Tax Avoidance Treaty (DTAA) by submitting required documents including Tax Residency Certificate, Form 10F, and self-declaration before February 20, 2026.

Exempted Categories and Documentation

Certain institutional investors are exempt from TDS upon providing appropriate documentation. Insurance companies registered with IRDA, SEBI-registered mutual funds under Section 10(23D), and Category I or II Alternative Investment Funds registered with SEBI can claim exemptions with proper self-declarations and certificates.

Compliance and Communication Channels

Shareholders must submit all TDS-related documents to designated email addresses: standardgrievances@rediffmail.com for the company and einward.ris@kfintech.com for the Registrar and Transfer Agent, KFin Technologies Limited. The company emphasized that no requests will be entertained after the February 20, 2026 deadline, and TDS certificates will be emailed to registered email addresses post-payment.

Standard Industries Limited , a diversified company operating in property, trading, and manufacturing segments, has reported a consolidated net loss of Rs 769.86 lakhs for the first half of the fiscal year 2026, ending September 30, 2025. This marks a significant increase in losses compared to Rs 341.08 lakhs in the corresponding period of the previous year.

Revenue Growth Amidst Widening Losses

Despite the increased losses, the company's revenue from operations saw a substantial rise:

All figures in Rs lakhs

The trading segment emerged as the primary revenue driver, contributing Rs 1,407.37 lakhs to the total revenue in the first half of FY2026.

Quarterly Performance

For the quarter ended September 30, 2025, Standard Industries posted a net loss of Rs 665.21 lakhs, a substantial increase from the Rs 206.13 lakhs loss reported in the same quarter of the previous year.

Strategic Divestment

In a notable development, the company sold 9,04,845 equity shares in Duville Estates Pvt. Ltd. at Rs 212 per share. This transaction resulted in a profit of Rs 1,954.43 lakhs, which has been included in Other Comprehensive Income.

Segment-wise Performance

The company operates through three main segments:

1. Property Division
2. Trading
3. Manufacturing

The trading segment has shown resilience, contributing significantly to the company's revenue. However, the property division and manufacturing segment's performances were not explicitly detailed in the provided financial results.

Financial Position

As of September 30, 2025, Standard Industries Limited's consolidated balance sheet showed:

• Total Assets: Rs 17,544.06 lakhs
• Total Equity: Rs 13,133.37 lakhs
• Total Liabilities: Rs 4,410.69 lakhs

Looking Ahead

While the company has experienced revenue growth, the widening losses present challenges that management will need to address. The strategic sale of shares in Duville Estates Pvt. Ltd. may provide some financial flexibility, but the focus will likely remain on improving operational efficiency and profitability across all segments.