Tata Consumer Products Limited has recommended a final dividend of Rs. 10 per equity share (1,000%) for the financial year ended March 31, 2026. Following approval at the upcoming Annual General Meeting in June 2026, the dividend will be distributed. Shareholders are required to complete necessary tax documentation by May 25, 2026, to ensure the correct application of Tax Deducted at Source (TDS) based on their residential status and tax profile.
Dividend Announcement for FY 2025-26
The Board of Directors at the meeting held on May 8, 2026, has recommended a final dividend of Rs. 10 per equity share of face value Re. 1/-. This payout is subject to the approval of shareholders at the Annual General Meeting scheduled for June 2026.
Tax Deduction Requirements
Dividend income is taxable in the hands of shareholders. To facilitate appropriate tax deduction at source (TDS), the company requires shareholders to submit specific documentation by May 25, 2026. Failure to provide valid information, including a linked PAN and Aadhaar, may result in a higher tax deduction rate of 20%.
Submission Process for Shareholders
Shareholders are categorized as follows for tax compliance:
- Resident Individuals: Can submit Form 121 via the shareholder’s portal or through NSDL/CDSL depository participants.
- Institutional Shareholders: Must provide relevant declarations, such as those for Insurance Companies, Mutual Funds, or Category I/II AIFs, to claim exemptions.
- Non-Resident Shareholders: Need to provide a Tax Residency Certificate (TRC), Form 41, and other self-declarations to avail benefits under Double Tax Avoidance Agreements (DTAA).
Action Required
Shareholders must ensure their KYC is updated with their respective depository participants or the Registrar and Transfer Agent. Documents should be uploaded via the designated link or emailed to the company by the May 25, 2026, deadline to ensure accurate tax processing. Payments will only be released to folios that are KYC compliant.
Source: BSE
