GOCL Corp Ltd: TDS on ₹30 Dividend for FY26 Announced

GOCL Corporation Limited has issued a communication to its shareholders regarding the Tax Deducted at Source (TDS) on the recommended final dividend for the financial year ended March 31, 2026. The Board of Directors has recommended a dividend of ₹30 per equity share, subject to member approval at the 65th AGM on September 29, 2026. The dividend will be paid to shareholders on record as of September 22, 2026. The communication details the TDS rates applicable to different shareholder categories, including resident and non-resident shareholders, and specifies the required documentation such as PAN, Form 15, and lower/nil deduction certificates. For resident shareholders with valid PAN, the TDS rate is 10%, with an exemption for dividends up to ₹10,000. Inoperative PANs will attract a 20% TDS rate. Non-resident shareholders' TDS rates will vary based on tax treaties.