Colgate Palmolive Declares Second Interim Dividend of Rs. 24 per Equity Share for FY 2025-26

Colgate Palmolive Declares Second Interim Dividend of Rs. 24 per Equity Share for FY 2025-26​

Colgate Palmolive (India) Limited announced the declaration of its Second Interim Dividend for the Financial Year 2025-26. The dividend was declared by the Board of Directors during a meeting held on May 22, 2026.

The Company announced that the dividend amount is Rs. 24/- (Rupees Twenty Four Only) per equity share of Re.1/- each. These payments are scheduled to commence on and from June 17, 2026, and will be disbursed to shareholders whose names appear in the Register of Members as on the Record date of June 1, 2026.

The communication provided to shareholders detailed the tax provisions governing the payment, noting that under the Income-tax Act, 2025, dividends paid or distributed by a Company are taxable in the hands of the Shareholders.

Tax Withholding Provisions​

The payment structure outlines specific tax at source (TDS) requirements for different shareholder categories.

For Resident Shareholders:
Tax deductions depend on the availability of a Permanent Account Number (PAN). If a resident shareholder provides a PAN, the TDS rate is 10% under Section 393(1) of the Income Tax Act, 2025. If no PAN is provided or the PAN is not linked with Aadhaar, the tax is deducted at 20%. However, no tax will be deducted for resident individuals if the Second Interim Dividend does not exceed Rs. 10,000, or for certain categories of shareholders as specified under Section 393(4). Furthermore, no tax will be deducted if a resident individual provides Form 121 and meets all required eligibility conditions.

For Non-resident Shareholders (including FPI and FII):
For Foreign Portfolio Investors (FPIs), Foreign Institutional Investors (FIIs), and other Non-resident Shareholders, tax deduction is required according to the provisions of the Income tax Act, 2025. The applicable rate is 20%, unless a lower rate is available under a Double Tax Avoidance Agreement (tax treaty).

To claim benefits under a tax treaty, non-resident shareholders must provide specific documentation, including a self-attested copy of the PAN allotted by Indian authorities, a Tax Residency Certificate (TRC) applicable for the period April 2026 to March 2027, and electronically furnished Form 41.

The rates of TDS applicable across different shareholder categories are summarized below:

COLPAL Stock Price Movement​

Colgate Palmolive (India) Limited shares slipped by 0.28% today, settling at ₹2156.9 in post-market trading. The stock recorded a volume of 204,566 shares, finishing closer to the day's lower band of ₹2130.5 amid a range between ₹2130.5 and ₹2173.5.