Bajaj Auto: Shareholder Communication on Dividend TDS

Bajaj Auto has issued a detailed communication to shareholders regarding Tax Deducted at Source (TDS) on dividends. The company recommended a dividend of ₹150 per equity share for FY26, payable by July 24, 2026, to shareholders of record on May 29, 2026. Shareholders must submit necessary documentation, including PAN and residential status, to KFin Technologies by July 1, 2026, to avail lower or nil TDS rates. Non-resident shareholders can claim benefits under Double Taxation Avoidance Agreements (DTAA) by providing specific documents. Failure to comply may result in higher TDS rates, with claims for refunds to be made via income-tax returns.