SJVN Declares ₹1.15 Interim Dividend FY 2025-26 – TDS Rules Every Shareholder Must Know

Mumbai, February 11 2026: SJVN Limited, a joint venture of the Government of India and the Government of Himachal Pradesh, has declared an interim dividend of ₹1.15 per equity share for the financial year 2025-26. The decision was made at the Board of Directors meeting held on February 11, 2026.

In line with the Income Tax Act, 1961, the company will deduct tax at source (TDS) on the dividend payments as applicable for resident and non-resident shareholders.

Key Points for Shareholders:

• Resident Shareholders:

  • Individuals receiving dividends ≤ ₹10,000 can submit Form 15G/15H for no TDS.

  • PAN holders will face a TDS of 10%, while those without PAN will be charged 20%.

  • Certain categories such as LIC, GIC, mutual funds, and government entities are exempted.

• Non-Resident Shareholders:

  • TDS is 20% plus applicable surcharge and cess or DTAA rate, whichever is lower.

  • Submission of PAN, Tax Residency Certificate, Form 10F, and self-declaration is required to avail DTAA benefits.

Shareholders must submit the necessary documents to the Registrar and Transfer Agent (RTA) or their Depository Participant by February 22, 2026, 5 PM to ensure correct TDS application.

The company will issue TDS certificates electronically, and credits will reflect in Form 26AS on the Income Tax portal. Shareholders who fail to provide documents may face higher TDS, but can claim refunds while filing income tax returns.

For more information, shareholders can visit SJVN’s official website: www.sjvn.nic.in.