Colgate-Palmolive (India) Limited has announced a Second Interim Dividend of ₹24 per equity share for the Financial Year 2025-26. The dividend is scheduled to be paid on and from June 17, 2026, to shareholders registered as of the record date, June 1, 2026. Tax on this dividend will be deducted at source (TDS) based on the category and tax status of the shareholder.
Dividend Payout Details
The Board of Directors approved the ₹24 per equity share payout during their meeting held on May 22, 2026. This interim dividend applies to shares with a face value of Re.1 each. Shareholders should note that the payout will be processed starting June 17, 2026, provided their names appear in the company’s Register of Members by the record date of June 1, 2026.
Tax Deduction at Source (TDS)
Tax will be deducted at source for all eligible shareholders. For resident individuals, the TDS rate is 10% if a valid Permanent Account Number (PAN) is provided and linked with Aadhaar. If no PAN is provided or it is not linked with Aadhaar, the deduction rate increases to 20%. Dividends up to ₹10,000 are exempt from TDS for resident individuals, provided specific eligibility criteria are met.
Provisions for Non-Resident Shareholders
Foreign Portfolio Investors (FPI) and Foreign Institutional Investors (FII), along with other non-resident shareholders, are subject to a 20% TDS, or a lower rate as per applicable Double Tax Avoidance Agreements (DTAA). To claim treaty benefits, non-resident shareholders must submit a self-attested PAN, a valid Tax Residency Certificate (TRC) for the period April 2026 to March 2027, and other required declarations.
Submission and Compliance
All necessary tax documents must be submitted via the designated portal managed by the company’s Registrar and Transfer Agent (MUFG Intime India Private Limited) by June 1, 2026, 05:00 PM IST. Submissions made after this deadline will not be considered for tax determination. Furthermore, the company mandates that all dividend payments be made exclusively through electronic transfer; therefore, shareholders must ensure their bank account, PAN, and KYC details are current.
Source: BSE
