Godrej Consumer Products Limited has informed the Exchange about General Updates Communication in respect of deduction of tax at source on Dividend
GODREJCP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Godrej Consumer Products Limited has declared an interim dividend of Rs. 5 per equity share for FY 2026-27 at its Board Meeting held on May 6, 2026. The record date for dividend payment is May 12, 2026. The company is required to deduct tax at source (TDS) on dividends as per the Income Tax Act, 2025. Resident individuals with valid PAN will be taxed at 10% (20% if PAN is missing or invalid), while no TDS applies if annual dividend does not exceed Rs. 10,000 or if Form 121 is submitted. Non-resident shareholders will face 20% withholding tax (plus surcharge and cess), with an option to claim DTAA treaty benefits if more favorable. Shareholders must update their PAN, Aadhaar, residential status, category, email, address, and contact details with their Depository Participant (for demat shares) or the RTA (for physical shares) by May 12, 2026 to ensure correct TDS rates are applied.
Shareholders who do not submit required documents by May 12, 2026 risk higher TDS deductions and will need to claim refunds through their income tax returns. The dividend of Rs. 5 per share is a routine interim payout and broadly neutral for the stock, with the key action item being document submission to optimize tax treatment.