GESHIPBSEGreat Eastern Shipping Company LtdMinimalNeutral
Announced Thu, 14 May · 20:36 IST

Communication with regard to Tax Deduction at Source (TDS) on Dividend is attached.

GESHIP · price

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Price reaction · full curve 14 horizons · vs prior close
+12.8%1-day move
₹1491.00
prior close
₹1550.00
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.3+3.5+4.0+5.1+12.8+14.5+11.8+15.3+11.1+10.3-3.9-7.1-6.6
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AI summary

Great Eastern Shipping Company has declared its 4th interim dividend of Rs. 11.70 per equity share for FY 2025-26. As per the Income-tax Act, 2025, the company is required to deduct TDS/withholding tax on the dividend. For resident individual shareholders with valid PAN linked to Aadhar, TDS will be deducted at 10%. No TDS applies if annual dividend does not exceed Rs. 10,000 or if Form 121 is submitted. Insurance companies, AIFs, and mutual funds may claim exemption by submitting required documents. Non-resident shareholders can opt for DTAA benefits if more favorable. All documents must be submitted to the RTA (KFin Technologies) by May 20, 2026. Dividend payments will be made via electronic mode only.

Likely market impact

Shareholders should submit required TDS forms and documents by May 20, 2026 to avoid higher tax deduction. Those who miss the deadline can still claim refunds by filing income tax returns.