Colgate Palmolive (India) Limited has informed the Exchange about General Updates
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Colgate Palmolive (India) has written to shareholders explaining the tax deduction rules that will apply to its Second Interim Dividend for FY 2024-25, which was declared by the Board on May 21, 2025. The dividend (per-share amount shown as 'XX' in the filing) will be paid on or after June 16, 2025 to shareholders on the record as of May 28, 2025. For resident shareholders, TDS will be 10% if PAN is provided and 20% if not, with full exemption when total FY 2025-26 dividends do not exceed Rs 10,000 or when valid Form 15G/15H is submitted. Non-resident and FPI shareholders face 20% TDS, reducible under applicable double tax treaties if the right documents (PAN, TRC, Form 10F, self-declaration) are furnished to the RTA by May 28, 2025, 5:00 PM IST. Shareholders are also reminded that SEBI now mandates electronic dividend payments only, so PAN, KYC, bank and nomination details must be kept updated.
This is a procedural tax-deduction notice rather than a new business event, so direct stock-price impact is limited. Shareholders who fail to submit the required forms or update KYC details by May 28, 2025 will face higher TDS (up to 20%) and risk non-receipt of the dividend, since payouts are now only by electronic mode.