Gillette India has declared an interim dividend of ₹180 per equity share, which includes a special one-time dividend of ₹60 per share. This decision was made at a board meeting held on January 29, 2026. The dividend will be payable to shareholders listed in the Register of Members or the records of Depositories as beneficial owners as of February 04, 2026.
Interim Dividend Details
The Board of Directors at Gillette India has announced an interim dividend of ₹180 per equity share. The total dividend includes a special, one-time dividend payout of ₹60 per share. The dividend is for shares with a face value of ₹10 each. This announcement was made on January 29, 2026.
Eligibility and Payment
The interim dividend will be disbursed to shareholders whose names appear in the company’s Register of Members or are recorded as beneficial owners by the Depositories. Eligibility will be determined based on records as of the close of business hours on February 04, 2026. This date serves as the record date for determining dividend entitlement.
Tax Deduction at Source (TDS)
According to Indian Income Tax regulations, Gillette India is required to deduct tax at source (TDS) on dividend distributions to shareholders. The applicable TDS rates will depend on the residential status and PAN details of the shareholders. Shareholders are requested to update their records with depositories or M/s MAS Services Limited to ensure accurate TDS deductions.
TDS Information for Resident Shareholders
As per Section 194 of the Income Tax Act, 1961, the company will withhold taxes on dividend income paid to resident shareholders. No TDS will be deducted if the dividend amount does not exceed ₹10,000, and a valid Form 15G or 15H is provided. If PAN is available, TDS will be deducted at 10%; otherwise, the rate will be 20%.
TDS Information for Non-Resident Shareholders
For non-resident shareholders, TDS will be deducted at 20% (plus applicable surcharge and cess) or the DTAA rate, whichever is lower. To claim DTAA benefits, non-resident shareholders must submit documents, including a PAN card copy, Tax Residency Certificate, and Form 10F.
Source: BSE
