Dividend15 Jun 2026, 02:45 pm
Abbott India: TDS on Dividend Intimation to Shareholders
AI Summary
Abbott India has issued a communication to its shareholders regarding Tax Deduction at Source (TDS) on dividends. The company will deduct TDS at prescribed rates based on shareholder status and PAN verification, as per the Income Tax Act, 2025. Shareholders are urged to update their PAN, bank details, and residential status by July 24, 2026, to comply with TDS provisions. The recommended final dividend is INR 525 and special dividend is INR 131 per share, subject to AGM approval.
Key Highlights
- Shareholders must update details by July 24, 2026, for TDS compliance.
- TDS rates vary based on residential status and PAN.
- Dividend payment is subject to AGM approval on August 13, 2026.
- Recommended dividend: INR 525 (final) + INR 131 (special) per share.
Price Impact
More from ABBOTINDIA