Ador Welding517041Dividend news update

Interim dividend of Rs. 7.5 per share declared; TDS rules for shareholders explained

Ador Welding declared an interim dividend of Rs. 7.5 per equity share (75% of face value Rs. 10) for FY 2026-27, record date 30 October 2026.

By ScoutQuest · Fri 23 Oct 2026, 4:43 PM IST · 2 min read

Interim Dividend: Rs. 7.5 per equity share (75% of face value Rs. 10) for FY 2026-27
Record Date: 30 October 2026
TDS Rate: 10% with valid PAN, 20% otherwise

The Board, at its meeting held on Wednesday, 21st October, 2026, declared an interim dividend of Rs. 7.5 per equity share, which is 75% of the face value of Rs. 10/- each, for the financial year 2026-27.
The dividend goes to shareholders holding equity shares, in electronic or physical form, as on the record date of Friday, 30th October, 2026.
The update notes the dividend will be paid after deducting tax at source, once the declaration is approved by shareholders at the AGM.

Resident shareholders with a valid PAN registered: TDS at 10% on the dividend amount.
Where PAN is not registered, is invalid, or is inoperative because it is not linked with Aadhaar: TDS at 20%.
Non-resident shareholders: withholding at 20%, plus applicable surcharge and cess, unless a certificate for a lower or nil rate under Section 395 is provided, in which case the certificate rate applies.

Resident individuals whose total dividend for FY 2026-27 does not exceed Rs. 10,000/-.
Resident individuals who file Form 121, subject to eligibility conditions and the company's acceptance.
Resident non-individuals such as insurers, mutual funds, Category I or II AIFs and NPS trusts, on submitting the specified declarations and documents.
Non-residents may also opt for a beneficial Double Tax Avoidance Agreement rate, but only if the required documents are submitted and accepted; the company states it is not obligated to apply the treaty rate on its own.

Form 121, Rule 203 declarations, treaty documents and lower-withholding certificates must be uploaded by Thursday, 29th October 2026 till 07:00 pm (IST); anything later may not be considered.
Lower withholding certificates must be issued against the company's TAN - MUMA20507E.
If a shareholder holds shares in more than one account under different status or category under a single PAN, the higher applicable rate is applied on the entire holding.
Bank account details in demat accounts or physical folios should be updated so the dividend is credited on time; for physical holdings, payment is only through electronic mode after PAN, nomination and bank details are furnished.

This is a shareholder communication on how the declared dividend will be taxed and what paperwork is needed to get a lower or nil deduction.
Where tax is deducted at a higher rate because documents were not submitted in time, the update says shareholders can claim a refund in their return of income, if eligible.
Tax credit can be viewed in Form 168 on TRACES or the Income Tax Department e-update portal.

Also from Ador Welding

24 Oct 2026

23 Oct 2026

22 Oct 2026