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Cochin Shipyard Limited ( (IN:COCHINSHIP) ) has provided an update.
Cochin Shipyard Limited’s board has declared a second interim dividend of ₹3.50 per equity share (70% of the ₹5 face value) for the financial year 2025-26, payable by February 26, 2026 to shareholders on record as of February 3, 2026. In line with post-2020 tax rules, the company has outlined how tax will be deducted at source on this dividend, specifying that resident individuals receiving up to ₹10,000 in dividends in FY 2025-26 will not face TDS, and that eligible shareholders can avoid TDS by submitting Form 15G or 15H, while others will generally see a 10% TDS under Section 194 of the Income Tax Act, signalling a need for investors to manage documentation and tax implications around this payout.
More about Cochin Shipyard Limited
Cochin Shipyard Limited is an Indian public sector shipbuilding and ship repair company based in Kochi, Kerala, engaged in the construction, repair, and maintenance of vessels for commercial and defense sectors. The company serves both domestic and international maritime markets and is listed on Indian stock exchanges under the symbol COCHINSHIP.
Average Trading Volume: 78,635
Technical Sentiment Signal: Sell
Current Market Cap: 391.5B INR
For detailed information about COCHINSHIP stock, go to TipRanks’ Stock Analysis page.