In terms of Provisions of the Income Tax Act, 2025 ("the Act") dividend paid or distributed by the Company on or after 01st April, 2020 is taxable in the hands of shareholders. Accordingly ....

Greaves Cotton Ltd has communicated to its shareholders regarding the recommended dividend of Rs. 2 per equity share for FY26. The announcement primarily details the Tax Deduction at Source (TDS) procedures on this dividend, in accordance with the Income-tax Act, 2025. It specifies TDS rates (10% for valid PAN, 20% for invalid/inoperative PAN) and outlines conditions for resident individual shareholders to avoid TDS by submitting Form 121 or if the dividend amount is below Rs. 10,000.