Berger Paints Issues Communication Regarding Tax Deducted at Source on Dividends
Berger Paints (I) Limited has communicated to its shareholders regarding the deduction of tax at source (TDS) on dividends, effective in compliance with the Income Tax Act, 2025, and the Finance Act, 2026.The company informed stakeholders that any dividend paid or distributed by a corporation will be taxable at the level of the shareholder, as stipulated under the relevant legislation.
A detailed communication has been issued to shareholders whose registered email IDs are held with the Company, its Registrar and Share Transfer Agent, or the Depositories, explaining the process of withholding tax from the dividends scheduled for payout. The communication details the prescribed rates applicable for the TDS deduction.
BERGEPAINT Stock Price Movement
Today, shares of Berger Paints (I) Limited edged higher to close at ₹501.9, after the stock gained 2.05% in trading. The equity settled with a total traded volume of 259,875 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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