Dividend26 Jun 2026, 03:10 pm
Gillette India Declares ₹60 Final Dividend for FY26
AI Summary
Gillette India Limited announced a final dividend of ₹60 per equity share for the Financial Year 2025-26. The dividend is subject to shareholder approval at the upcoming Annual General Meeting. The company has also issued TDS communication regarding this dividend, outlining tax deduction at source requirements for both resident and non-resident shareholders based on their tax status, PAN availability, and updated details. Resident shareholders with PAN may face a 10% TDS, while those without may incur 20%. Non-residents are subject to a 20% TDS plus applicable surcharge and cess, with provisions for DTAA benefits. Specific exemptions apply to entities like LIC and GIC.
Key Highlights
- Gillette India proposes a final dividend of ₹60 per share for FY25-26.
- TDS implications for resident and non-resident shareholders detailed.
- Shareholders urged to update PAN, tax status, and contact details.
- Form 121 procedures for resident shareholders explained.
- DTAA benefits and specific exemptions for certain entities noted.
Price Impact
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