NSEUpdates7 Jul 2026 · 7 Jul 2026, 05:44 pm
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Arvind Fashions Limited · ARVINDFASN
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Arvind Fashions Limited has informed the Exchange regarding 'Communication to Shareholders - Intimation on Tax Deduction on Dividend'. The company has recommended payment of a final dividend of Rs. 1.60 per fully paid-up equity share for the Financial Year ended on 31st March, 2026, subject to approval by shareholders at the ensuing Annual General Meeting. The company will deduct tax at source at the time of making the payment of the dividend, if approved by the Shareholders at the forthcoming AGM.
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Arvind Fashions Limited has informed the Exchange regarding 'Communication to Shareholders - Intimation on Tax Deduction on Dividend'.
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ARVINDFASN_07072026174106_TDSIntimation.pdf
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July 7, 2026
To, To,
BSE Limited National Stock Exchange of India Ltd.
Listing Dept. / Dept. of Corporate Services Listing Dept., Exchange Plaza, 5th Floor
Phiroze Jeejeebhoy Towers Plot No. C/1, G. Block
Dalal Street Bandra-Kurla Complex
Mumbai - 400001 Bandra (E)
Mumbai - 400051
Security Code: 542484
Security ID: ARVINDFASN Symbol: ARVINDFASN
Dear Sir/Madam,
Subject: Communication to Shareholders ‐ Intimation on Tax Deduction on Dividend
Pursuant to the provisions of the Income Tax Act 2025 and the Rules framed thereunder, dividend paid or
distributed shall be taxable in the hands of the Shareholders and the Company is required to deduct TDS on the
Dividend.
In this regard, please find enclosed email communication to shareholders of the Company which inter alia indicates
the process and documentation required for claiming tax exemption on dividend.
Kindly take the same on your record.
Thanking you,
Yours faithfully,
For Arvind Fashions Limited
Lipi Jha
Company Secretary
Arvind Fashions Limited
CIN: L52399GJ2016PLC085595
Registered Office: Naroda Road, Ahmedabad – 382345, Gujarat, India
Phone No.: 80-41550601
Email ID: investor.relations@arvindfashions.com; Website: www.arvindfashions.com
Date: 6th July, 2026
Dear Shareholder,
Subject: Arvind Fashions Limited - Communication on Tax Deduction at Source (TDS)
on Dividend payout
We are pleased to inform you that the Board of Directors (“Board”) of Arvind Fashions Limited (‘the
Company’) at their meeting held on 6th May, 2026 have recommended payment of final dividend of
Rs. 1.60/- per fully paid up equity share for the Financial Year ended on 31st March, 2026, subject to
approval by shareholders at ensuing Annual General Meeting (“AGM”).
As you are aware, the Company is required to withhold taxes at the prescribed rates on the dividend
paid to its shareholders in accordance with Income Tax Act, 2025 (‘the Act’) effective from 01st April
2026. The withholding tax rate varies depending on the residential status of the shareholder and the
documents submitted by them and accepted by the Company. The Company shall, therefore, be
required to deduct tax at source at the time of making the payment of the dividend, if approved by
the Shareholders at the forthcoming AGM.
No tax will be deducted on payment of dividend to the resident individual shareholder if the total
dividend, paid during Tax Year (‘TY’) 2026-27, does not exceed INR 10,000/-
The withholding tax rate would vary depending on the residential status, category of the shareholder
and is subject to provision of requisite declarations / documents to the Company.
A. RESIDENT SHAREHOLDERS:
A.1 Tax deductible at source for Resident Shareholders (other than resident individual shareholders
receiving dividend not exceeding INR 10,000 during TY 2026-27).
S Particular Withholding Declaration /
No. tax rate documents
required
1 Valid PAN updated with the Depository Participant in 10% N.A.
case shares are held in dematerialized form; or
Registrar and Transfer Agent (‘RTA’) in case shares
are held in physical form and no exemption sought
by Shareholder
2 No / Invalid PAN with the Depository Participant in 20% N.A.
case shares are held in dematerialized form; or RTA
in case shares are held in physical form and no
exemption sought by Shareholder
3 Availability of lower/nil tax deduction certificate Rate Copy of PAN card
issued by Income Tax Department u/s 395(1) of the specified in Copy of lower tax
Act Lower tax withholding
withholding certificate
certificate obtained from
obtained Income Tax
from Income Department
Department
A.2 Nil Tax Deductible at Source on dividend payment to Resident Shareholders if the Shareholders
submit documents mentioned in table below with the Company/ RTA.
S Particular Declaration / documents required
1 An Individual having dividend income Copy of PAN card (refer point iii to the Notes
more than Rs 10,000 and furnishing Form below).
121 Declaration in Form No. 121, fulfilling
prescribed conditions.
2 Shareholders to whom Section 393(1) of Copy of PAN card.
the Act does not apply, such as LIC, GIC, Self-declaration (Please download the Link
Business Trust (REIT, InVIT) etc. given as Annexure-1, at the end of this
communication), along with adequate
documentary evidence (e.g., registration
certificate), to the effect that the no tax
withholding is required as per provisions of
Section 393(1) of the Act.
3 Shareholder covered u/s 393(5) of the Act Copy of PAN card.
such as Government, RBI, Mutual Funds Self-declaration (Please download the Link
specified under Schedule VII to Section 11 given as Annexure-1, at the end of this
of the Act, corporations established by communication), along with adequate
Central Act and exempt from Income Tax. documentary evidence, substantiating
applicability of 393(5) of the Act.
4 Category I and II Alternative Investment Copy of PAN card.
Fund (AIF) Self-declaration (Please download the Link
given as Annexure-1, at the end of this
communication) that AIF’s income is
exempt under Schedule V to Section 11 of
the Act and they are governed by SEBI
regulations as applicable to Category I or
Category II AIFs, along with copy of
registration certificate.
5 Any other entity exempt from Copy of PAN card.
withholding tax under the provisions of Self-declaration (Please download the Link
Section 393(6) of the Act given as Annexure-1 & 2, at the end of this
communication) along with adequate
documentary evidence, substantiating the
nature of the entity.
Copy of the lower tax withholding
certificate obtained from Income Tax
Department.
B. NON-RESIDENT SHAREHOLDERS:
Tax deductible at source for non-resident shareholders.
S Category Withholding tax rate Declaration / documents required
1 Foreign 20% (plus applicable Copy of PAN card (if available)
Institutional surcharge and cess) or
Investors
(FIIs) / Foreign tax treaty rate whichever Self-declaration (Please download the Link
Portfolio is beneficial given as Annexure-3, at the end of this
Investors communication).
(FPIs) Copy of Tax Residency certificate issued by
revenue authority of country of residence
of shareholder for the Tax Year 2026-27
(covering the period from April 1, 2026 to
March 31, 2027)
Shareholders needs to mandatorily provide
digital Form 41 covering the period from
April 1, 2026 to March 31, 2027
(Note: Application of beneficial Tax Treaty Rate
shall depend upon the completeness and
satisfactory review by the Company of the
documents submitted by the non-resident
shareholders. In case the documents are found
to be incomplete, the Company reserves the
right to not consider the tax rate prescribed
under the tax treaty).
2 Alternative 10% (plus applicable Copy of PAN card (if available)
Investment surcharge and cess)# Self-declaration (Please download the Link
Fund – given as Annexure-4, at the end of this
Category III communication) along with adequate
located in documentary evidence substantiating the
International nature of the entity.
Financial
Services
Centre
3 Other Non- 20% (plus applicable To avail beneficial rate of tax treaty following
resident surcharge and cess) or tax documents would be required:
shareholders tax treaty rate whichever Copy of PAN card (if available)
(except those is beneficial Copy of Tax Residency certificate issued by
who are tax revenue authority of country of residence
residents of of shareholder for the Tax Year 2026-27
Notified (covering the period from April 1, 2026 to
Jurisdictional March 31, 2027)
Area) Shareholders needs to mandatorily
provide digital Form 41 covering the
period from April 1, 2026 to March 31,
2027
Self-declaration for non-existence of
permanent establishment / fixed base /
business connection in India, place of
effective management, beneficial
ownership and eligibility to avail tax treaty
benefit [on shareholder’s
letterhead] (Please download the Link
given as Annexure-3, at the end of this
communication)
In case of shareholder being tax resi
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