GeeCee Ventures Ltd: ₹2 Dividend Proposed, Tax Deductions Apply

GeeCee Ventures Ltd has announced a proposed final dividend of ₹2.00 per equity share for the financial year ended March 31, 2026. This dividend is subject to shareholder approval at the upcoming AGM on September 22, 2026. The company will deduct Tax at Source (TDS) or withholding tax on this dividend payment as per the Income Tax Act, 2025. The tax rate will vary based on the shareholder's residential status and submitted documentation. Resident shareholders with PAN will face a 10% TDS, while those without a valid PAN will be subject to 20%. Specific exemptions and lower deduction rates apply to certain entities like insurance companies, mutual funds, and NPS trusts upon submission of required declarations and forms. Shareholders are urged to update their KYC details, including PAN and residential status, with their depositories or the company's Registrar and Transfer Agent.