Dividend27 Jul 2026, 06:40 pm
Godrej Agrovet: TDS on Final Dividend for FY26 Announced
AI Summary
Godrej Agrovet Limited has informed shareholders about the deduction of Tax at Source (TDS) on the Final Dividend for the Financial Year 2025-26. The Board had recommended a dividend of 110% (₹11 per equity share) on April 30, 2026, subject to shareholder approval at the 35th AGM on August 5, 2026. The record date for dividend entitlement is July 29, 2026. TDS will be deducted as per the new Income Tax Act, 2025, based on shareholder residency and PAN status. Resident individuals receiving less than ₹10,000 in total dividends in FY26 will be exempt from TDS. Shareholders can submit Form 121 for potential TDS exemption under specific conditions.
Key Highlights
- TDS implications for Final Dividend for FY25-26 communicated.
- Final Dividend recommended at 110% (₹11 per share).
- AGM to approve dividend on August 5, 2026.
- TDS rates depend on residency, PAN, and dividend amount.
- Form 121 can be submitted for TDS exemption.
Price Impact
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