Dividend2 Jul 2026, 05:00 pm
Bayer CropScience Declares Final Dividend of ₹60/Share; TDS Rules Updated
AI Summary
Bayer CropScience Limited announced a final dividend of ₹60 per equity share for FY 2025-26, payable to shareholders on record as of August 5, 2026. The company also issued a communication to shareholders regarding updated Income Tax Rules for Tax Deducted at Source (TDS) on dividends. Shareholders are advised to update their PAN, residential status, and bank details. For resident individuals, TDS is 10% with valid PAN, 20% otherwise. Exemptions apply for dividends under ₹10,000 or with a valid Form 121 submission. Shareholders can submit Form 121 electronically via depositories or a dedicated portal.
Key Highlights
- Final dividend of ₹60 per share declared for FY 2025-26.
- Record date for dividend payment is August 5, 2026.
- Updated TDS rules for dividend income are communicated to shareholders.
- Shareholders must ensure updated PAN, residential status, and bank details.
- Form 121 can be submitted for potential TDS exemption on dividends.
Price Impact
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