Colgate Palmolive declares ₹24 interim dividend; details tax provisions
Colgate Palmolive (India) Ltd announced its first interim dividend of ₹24 per equity share for FY 2026-27. The dividend will be paid on November 19, 2026, to shareholders on record as of November 2, 2026. The company has also communicated to its shareholders regarding the tax provisions applicable to this dividend payment. For resident shareholders providing PAN, TDS will be 10%, while 20% will be deducted if PAN is not provided or linked with Aadhaar. No tax will be deducted if the total dividend does not exceed ₹10,000 for resident individuals or for certain specified categories. Non-resident shareholders, including FPIs/FIIs, will have TDS at 20%, with an option to avail beneficial rates under Double Tax Avoidance Agreements (DTAA) upon submission of required documentation like PAN and Tax Residency Certificate.
Key Highlights
- Colgate Palmolive declared a first interim dividend of ₹24 per share for FY 2026-27.
- Dividend payment date is November 19, 2026, with a record date of November 2, 2026.
- TDS for resident shareholders is 10% (with PAN) or 20% (without PAN).
- Non-resident shareholders face a 20% TDS, with DTAA benefits available.
- Tax provisions and documentation requirements for TDS were detailed.
Price Impact
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