Bosch Limited Recommends Final Dividend of Rs 270 Per Share; Details on TDS Communication Released
Bosch Limited has announced a recommended final dividend of Rs 270 per Equity Share for shareholders. The dividend is set to be paid in August, subject to approval at the forthcoming Annual General Meeting (AGM).The Board of Directors meeting held on May 20, 2026, approved the recommendation. The dividend pertains to the financial year ended March 31, 2026. Shareholders who are entitled to this dividend will be determined based on the record date set for August 4, 2026, with payment scheduled for on or after August 14, 2026.
The company communicated that as per the provisions of the Income-tax Act, 2025, any dividend paid or distributed is taxable in the hands of the shareholders. Accordingly, a comprehensive communication regarding the deduction of tax at source (TDS) on the dividend has been issued to registered shareholders.
Withholding Tax Rates for Shareholders
The applicable withholding tax rate varies depending on the residential status and documentation provided by the shareholder. The company detailed the TDS structure into two primary categories: Resident Shareholders and Non-Resident Shareholders.Key details regarding the recommended final dividend, along with the tax implications, are presented below:
| Parameter | Detail |
|---|---|
| Recommended Dividend Amount | Rs 270/- per Equity Share |
| Face Value of Share | Rs. 10/- each |
| Financial Year End | March 31, 2026 |
| Record Date | August 04, 2026 |
| Payment Date | On or after August 14, 2026 |
TDS Applicable for Resident Shareholders (Table 1)
Resident shareholders' tax status depends on PAN registration and eligibility for specific exemptions.| Shareholder Type / Condition | Withholding Tax Rate | Required Documentation |
|---|---|---|
| If PAN is registered (per Section 393(1)) | 10% | Update PAN with depositories/RTA if not done. |
| If PAN is not registered / Invalid PAN | 20% | Tax deducted at the higher rate prescribed in Section 397(2) of the Act. |
| Declaration under Form 121 by Individual resident shareholders | NIL | Completion of mandatory fields in Form No. 121. |
TDS Applicable for Non-Resident Shareholders (Table 2)
Non-resident shareholders face different withholding tax rates depending on their classification and ability to provide documentation related to double taxation agreements.| Shareholder Type / Condition | Withholding Tax Rate | Required Documentation |
|---|---|---|
| Non-residents (FIIs/FPIs) under Section 393(2) | 20% (plus applicable surcharge and cess) OR Tax Treaty Rate (whichever is lower) | Self-attested copy of PAN, Tax Residency Certificate (TRC), E-filed Form 41. |
| Submitting Order u/s 395 (Lower or NIL withholding tax certificate) | Rate provided in the Order. | Lower/NIL withholding tax certificate from tax authority. |
The company emphasized that shareholders are responsible for independently satisfying their eligibility to claim DTAA benefits, and the application of beneficial Tax Treaty rates is subject to the completeness and satisfaction of the submitted documents by the Company.
BOSCHLTD Stock Price Movement
Bosch Limited shares closed today, shedding 1.10% and settling at ₹41815 after trading in the post-market session. The stock declined by ₹465.00, with total traded volume amounting to 12,016 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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