SNL Bearings Ltd — Important, 07-05-2026: Company Update

SNL Bearings has approved an interim dividend of Rs 15.00 per equity share for the financial year ended March 31, 2026. This dividend income is now taxable in shareholders' hands. To determine the tax deducted at source (TDS) rate, resident shareholders with valid PAN will face 10% TDS, while non-residents will have 20% or a beneficial tax treaty rate. Shareholders must update KYC and submit necessary declarations by a specified deadline to ensure the correct or lower tax is applied. Failure to provide documents or having an inoperative PAN may result in a higher TDS.