The Board of Directors of The Great Eastern Shipping Company has declared an interim dividend of ₹7.20 per equity share for the financial year 2025-26. The dividend will be subject to deduction of income tax at source (TDS) or withholding tax, as applicable. Shareholders are requested to update their PAN and other details by November 13, 2025, to ensure appropriate tax deduction.
Interim Dividend Details
The Great Eastern Shipping Company Limited has announced an interim dividend of ₹7.20 per equity share for the financial year 2025-26. The company will deduct income tax at source (TDS) or withholding tax from the dividend amount, in accordance with the applicable regulations.
Tax Deduction Information for Resident Shareholders
For resident shareholders holding a valid PAN linked with Aadhaar, tax will be deducted at source at a rate of 10% on the dividend amount. No tax will be deducted if the dividend amount does not exceed INR 10,000, or if the individual shareholder submits Form 15G or Form 15H, provided eligibility conditions are met.
Tax Deduction Information for Non-Resident Shareholders
For non-resident shareholders, tax will be deducted at a rate of 20% (plus applicable surcharge and cess) on the dividend amount. Non-resident shareholders may opt to be governed by the provisions of the Double Tax Avoidance Treaty (DTAA) between India and their country of tax residence, if beneficial. To avail DTAA benefits, shareholders need to furnish required documents by November 13, 2025.
Important Dates and Information
Shareholders are requested to update their PAN, email address, and other details with their respective depositories. The last date for submitting required documents for tax deduction purposes is November 13, 2025. Shareholders can email the scanned copies of the documents to [email protected] and [email protected].
Contact Information
For any queries or clarifications regarding the dividend and tax deduction, shareholders can contact the Company at [email protected] or the Registrar and Share Transfer Agent (RTA) at [email protected].
Additional Notes
The company will email a soft copy of the TDS certificate to the shareholder’s registered email ID after the dividend payment. Shareholders can also view the credit of TDS in Form 26AS from their e-filing account.
Source: BSE
