Dividend27 Jul 2026, 05:21 pm
Gandhar Oil Refinery Declares Interim Dividend of ₹2 Per Share
AI Summary
Gandhar Oil Refinery (India) Ltd announced an interim dividend of ₹2 per equity share (100% of face value) for FY 2026-27. The dividend will be paid to shareholders of record as of July 31, 2026. The company will deduct Tax Deducted at Source (TDS) as per Income-tax Act, 2025, with rates varying based on shareholder residency and documentation provided. Resident shareholders with PAN will face a 10% TDS, with exemptions for small dividend amounts or specific documentation. Higher TDS rates apply if PAN is not furnished.
Key Highlights
- Gandhar Oil Refinery declares interim dividend of ₹2 per share.
- Record date for dividend payment is July 31, 2026.
- TDS will be deducted as per Income-tax Act, 2025.
- PAN is mandatory for lower TDS rates; 20% TDS for non-compliance.
- Dividend is for the Financial Year 2026-27.
Price Impact
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