StockWatch
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Fertilizers
Dividend12 Jun 2026, 04:20 pm

Khaitan Chemicals Intimates Shareholders on Dividend Tax Deduction

AI Summary

Khaitan Chemicals & Fertilizers Ltd has issued a communication to its shareholders regarding the deduction of tax at source (TDS) on the recommended dividend of ₹0.05 per equity share for FY26. The company explained the provisions of withholding tax, applicable rates, and the necessary declarations shareholders need to submit. This information is crucial for shareholders to understand their tax liabilities and ensure compliance with the Income Tax Act, 2025. The communication also highlights the importance of updated PAN and other details for physical shareholders, aligning with SEBI mandates.

Key Highlights

  • Company informs shareholders about TDS on recommended ₹0.05 dividend for FY26.
  • Explains withholding tax provisions, rates, and required shareholder declarations.
  • Emphasizes updated PAN and KYC for physical shareholders as per SEBI norms.
  • TDS rates vary based on shareholder status and submitted documentation.