Bajaj Finance Limited has informed the Exchange about Communication sent to shareholders regarding Tax Deduction at Source (TDS) on Final Dividend.
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Bajaj Finance has written to shareholders explaining how Tax Deducted at Source (TDS) will apply to the final dividend of ₹44 per share (on face value of ₹2) recommended by the Board on 29 April 2025 for FY ended 31 March 2025. The dividend, pending shareholder approval at the AGM on 24 July 2025, will be paid on or about 28 July 2025 to those holding shares as on the record date of 30 May 2025. Resident shareholders earning up to ₹10,000 in total dividends during FY26 face 0% TDS, others face 10%, and 20% applies if PAN is missing or not linked with Aadhaar; non-residents face 20% plus surcharge and cess unless DTAA relief applies. Shareholders must submit PAN, residential status, category, and address details along with required declarations to registrar KFin Technologies by 4 July 2025 to avoid excess tax deduction.
This is a routine TDS compliance communication and is unlikely to move the stock. Shareholders should ensure their PAN is Aadhaar-linked and submit the required documents to KFin before 4 July 2025 to avoid higher tax deduction on their dividend payout.