Announced Tue, 23 Jun · 16:15 IST
TDS communication on Rs 2 dividend, record date 28 July 2026
Compliance View source PDF
GREAVESCOT · price
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AI summary
Greaves Cotton informed shareholders about TDS on the recommended Rs 2 per share dividend for FY26, subject to AGM approval on 4 August. Record date 28 July 2026. Resident shareholders with valid PAN face 10% TDS, 20% without PAN. Resident individuals can claim NIL TDS via Form 121 (replaces 15G/15H) or if dividend is up to Rs 10,000. Non-residents face 20% plus cess, with DTAA benefits. Documents must reach the RTA by 23 July 2026. Dividends paid electronically only.
Likely market impact
Link PAN with Aadhaar and submit Form 121 by 23 July to avoid higher TDS on the Rs 2 dividend. Update bank details for electronic payment.