Please find enclosed communication sent to shareholders regarding TDS
ICICIGI · price
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ICICI Lombard has informed shareholders about TDS procedures for the final dividend of ₹7 per equity share (70% on ₹10 face value) recommended by the Board on April 15, 2026, pending shareholder approval at the AGM on June 19, 2026. The record date is May 29, 2026, and the dividend will be paid on or before July 3, 2026. For resident shareholders, TDS will be deducted at 10% (or 20% if PAN is missing or inoperative), while non-resident shareholders will be taxed at 20% or lower per applicable tax treaties. Shareholders must submit required tax documents by June 2, 2026. The company also highlights SEBI's mandate to pay dividends electronically only.
This is a standard procedural filing informing shareholders of dividend tax requirements and deadlines. Shareholders should submit valid PAN and required documents by June 2, 2026, to avoid higher TDS rates or delays in receiving dividend credits.