GODREJCP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Godrej Consumer Products Limited declared an interim dividend of Rs. 5 per equity share at its Board meeting on May 6, 2026. The record date for dividend entitlement is May 12, 2026. Under the Income Tax Act 2025, dividend income is taxable in shareholders' hands, and the company is required to deduct tax at source (TDS). For resident individual shareholders with valid PAN, TDS is deducted at 10%, while it rises to 20% if PAN is not provided. No TDS is applied if aggregate annual dividend does not exceed Rs. 10,000 or if a written declaration in Form 121 is submitted. Non-resident shareholders face 20% withholding tax (plus surcharge and cess) unless they claim beneficial DTAA treaty rates by submitting required documents including Tax Residency Certificate and Form 41. Shareholders must upload their documents to the RTA portal by May 12, 2026.
The interim dividend of Rs. 5 per share is a routine distribution and a positive signal for income-seeking investors. However, actual net receipt will vary based on individual TDS rates, PAN status, and treaty benefits. Non-resident shareholders with valid DTAA coverage may receive better post-tax returns.