Bajaj Finance Limited has communicated important information to its shareholders regarding the final dividend. Shareholders are advised on the process for claiming exemption from Tax Deducted at Source (TDS) and the necessity of updating their bank account details. This ensures timely and accurate electronic payment of dividends, as mandated by regulations.
Shareholder Communication on Final Dividend and Bank Details
Bajaj Finance Limited has issued a crucial communication to its shareholders concerning the final dividend payment. This update, sent on Tuesday, 9 June 2026, to shareholders as of Friday, 5 June 2026, addresses two key areas: Tax Deduction at Source (TDS) on the final dividend and the importance of updating bank account information.
TDS on Final Dividend
Shareholders who are eligible for the final dividend are informed about the process and documentation required to claim exemption from TDS. While dividend income is taxable, the company is mandated to deduct tax at source as per the Income Tax Act. The communication provides guidance on how shareholders can manage this requirement.
Updating Bank Account Details
In line with regulatory requirements, Bajaj Finance Limited emphasizes the need for shareholders to update their bank account details. For shares held in dematerialised form, this update should be done through their Depository Participant. For shares held in physical form, shareholders are directed to update their details with the Company or its Registrar and Share Transfer Agent, KFin Technologies Ltd. The company is required to disburse dividends exclusively through electronic modes.
Further Information
A specimen copy of the detailed communication sent to shareholders is available on the Bajaj Finance Limited website under the investor relations section, specifically within the annual reports at https://www.aboutbajajfinserv.com/finance-investor-relations-annual-reports.
Source: BSE
