Vertoz Limited has announced an interim dividend of ₹0.10 per equity share for the Financial Year 2026-2027. The decision was approved by the Board of Directors at a meeting held on May 29, 2026. The record date for determining the eligibility of shareholders for this interim dividend has been set as Friday, June 5, 2026. Notably, the Promoter and Promoter Group shareholders have voluntarily waived their entitlement to receive this interim dividend. The company views this as a significant milestone, reflecting stronger foundations, improving cash flows, and confidence in its future prospects. Shareholders are advised to update their bank account details linked to their demat accounts by June 5, 2026, to ensure accurate dividend credit. The company has also communicated detailed information to all shareholders regarding Tax Deduction at Source (TDS) on the interim dividend, explaining the process of withholding tax at prescribed rates as per the Finance Act, 2020. Shareholders are required to provide necessary documentation, including PAN and residential status, by June 4, 2026, to facilitate correct TDS deduction. In the absence of complete or timely information, TDS will be deducted at higher rates, and shareholders may claim refunds by filing their income tax returns.
