Bajaj Auto Limited has informed the Exchange about communication sent to Shareholders regarding Tax Deduction at Source (TDS) on Dividend.
BAJAJ-AUTO · price
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Bajaj Auto has informed the stock exchanges about a communication sent to shareholders regarding Tax Deduction at Source (TDS) on the final dividend for FY 2024-25. The Board had recommended a dividend of Rs. 210 per equity share (face value Rs. 10) on 29 May 2025, subject to shareholder approval at the AGM on 6 August 2025. The record date was set as 20 June 2025, and payment will be made on or before 8 August 2025. Shareholders have been asked to submit PAN, residential status, and category details to the registrar KFin Technologies by 18 July 2025 to avoid higher TDS deduction. Resident individuals with dividend income up to Rs. 10,000 in a financial year face 0% TDS, while those submitting valid Form 15G/15H can also claim nil deduction. Non-resident shareholders face 20% TDS plus surcharge and cess, with DTAA benefits available if documents are submitted in time.
This is a routine TDS compliance communication tied to Bajaj Auto's final dividend of Rs. 210 per share. Shareholders must submit required documents by 18 July 2025 to avoid higher tax deduction; otherwise they will need to claim refunds in their tax returns. No material impact on stock price is expected from this procedural filing.