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23/06/2026 16:15

Greaves Cotton - Communication To Shareholders - Intimation Regarding Deduction Of Tax At Source On Dividend

In terms of Provisions of the Income Tax Act, 2025 (\the Act\) dividend paid or distributed by the Company on or after 01st April, 2020 is taxable in the hands of shareholders. Accordingly the Company is required to deduct tax at source, at the prescribed rates, on the dividend paid to shareholders.\r\n\r\nIn this regard, please find attached herewith an email communications, which has been sent to all the shareholders of the Company whose email ID's are registered with the Company / Depositories explaining the process on withholding tax from dividends at prescribed rates.\r\n\r\nPlease take the same on record.\r\n\r\n