StockWatch
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Commodity Chemicals
Dividend4 Jul 2026, 03:40 pm

Deepak Fertilisers: Shareholder Tax Info on Dividend

AI Summary

Deepak Fertilisers & Petrochemicals Corporation Ltd has communicated to its shareholders regarding Tax Deduction at Source (TDS) on dividend payments. The company will deduct tax based on shareholder status and category as per the Income Tax Act, 2025. Shareholders are urged to update mandatory information like residential status, PAN, Aadhaar (for individuals), shareholder category, email, address, contact number, and bank details by August 17, 2026, to ensure correct TDS rates are applied. The company will rely on records as of the record date for TDS calculations. Resident shareholders will face a 10% TDS on dividend unless exempt.

Key Highlights

  • Shareholders must update details for correct dividend TDS.
  • Mandatory information update deadline is August 17, 2026.
  • TDS rates depend on shareholder status and category.
  • Resident shareholders face 10% TDS on dividend.
  • Company to use record date information for tax deduction.