Pidilite Industries Limited has informed the Exchange regarding 'Communication to Shareholders Intimation on Tax Deduction on Special Interim Dividend'.
PIDILITIND · price
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Awaiting price reaction for this filing.
Pidilite Industries has informed shareholders about the tax deduction process on a special interim dividend of Rs. 10.00 per equity share (face value Re. 1 each) for FY 2025-26, recommended by the Board on 6th August 2025. The record date for eligibility is 13th August 2025, and shareholders must submit TDS-related documents (Form 15G/15H, PAN details, DTAA forms for non-residents) on or before that date. TDS will be deducted at 10% for resident shareholders with valid PAN, at 20% for those without valid PAN or if PAN is not linked with Aadhaar, and at 20% (plus surcharge/cess) for non-resident shareholders, with DTAA benefits available subject to documentation. Shareholders are also asked to update their bank account and other details with depositories or the RTA (MUFG Intime India) to ensure timely credit.
This is a routine TDS compliance communication accompanying a special interim dividend declaration — neutral to mildly positive, as it signals strong cash generation enabling an extra payout to shareholders. No direct impact on stock price; shareholders should ensure PAN-Aadhaar linking and document submission before the 13th August record date to avoid higher TDS.