The Great Eastern Shipping Company Limited has informed the Exchange regarding 'TDS Communication'.
GESHIP · price
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Awaiting price reaction for this filing.
Great Eastern Shipping has declared an interim dividend of Rs. 7.20 per equity share for FY 2025-26. This communication explains how the company will deduct tax at source (TDS) before paying out the dividend to shareholders. For resident shareholders with a valid PAN linked to Aadhaar, TDS will be deducted at 10%, and no tax applies if the dividend is up to Rs. 10,000 or if Form 15G/15H is submitted. Non-resident shareholders will face 20% TDS (plus surcharge and cess), though they can apply for lower rates under Double Tax Avoidance Agreements by submitting documents to the registrar by August 6, 2025. Shareholders must update PAN, email, and other KYC details with the registrar or depository before the cut-off date to ensure correct TDS deduction.
Shareholders will receive the net dividend after TDS deduction. Submitting the required documents (PAN-Aadhaar linkage, Form 15G/H, or DTAA paperwork) before August 6, 2025 can help reduce or avoid excess tax deduction. This is a routine procedural notice tied to an already-declared dividend and is unlikely to move the stock price on its own.