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Dividend10 Jul 2026, 05:30 pm

Bosch Ltd: Tax Deduction on Final Dividend for FY 2025-26

AI Summary

Bosch Ltd has communicated to its shareholders regarding the deduction of tax at source on the final dividend for the financial year 2025-26. The Board of Directors recommended a dividend of ₹270 per equity share, subject to shareholder approval at the upcoming AGM on August 11, 2026. The record date is August 4, 2026, and payment will be made on or after August 14, 2026. The communication details the applicable withholding tax rates for resident shareholders, which vary from 10% to 20% based on PAN status and submission of declarations like Form 121. Specific NIL tax rates apply to entities like insurance companies and mutual funds under relevant sections of the Income-tax Act, provided they submit the required documentary evidence and declarations.

Key Highlights

  • Final dividend of ₹270 per share recommended for FY 2025-26.
  • Shareholders to approve dividend at AGM on August 11, 2026.
  • Tax deduction at source will be applied on dividend payments.
  • Withholding tax rates vary based on shareholder residency and PAN status.
  • NIL tax rates applicable for specific entities with proper documentation.