Announced Tue, 23 Jun · 16:20 IST
TDS Communication on Rs. 2 Dividend for FY26
Compliance View source PDF
GREAVESCOT · price
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Price reaction · full curve 14 horizons · vs prior close
+4.1%1-day move
₹205.26
prior close
₹205.00
base price
After-mkt
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+1.7+2.1+2.1+2.3+4.1+2.4+7.0+8.0+13.0+8.9+24.9+19.7——
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AI summary
Greaves Cotton has informed shareholders about tax deduction at source on the recommended Rs. 2 per share dividend for FY26, pending AGM approval on 4 August 2026. Record date is 28 July 2026. TDS will be 10% for residents with PAN, 20% without PAN, NIL for resident individuals below Rs 10,000 or with Form 121. Non-residents face 20% plus cess or DTAA rate. Shareholders must submit documents by 23 July 2026.
Likely market impact
Routine TDS communication for the upcoming Rs. 2 per share dividend. Shareholders seeking nil or lower TDS must submit documents by 23 July 2026.