Crompton Greaves Consumer Electricals Recommends Final Dividend of Rs. 3 Per Share for FY 2025-26
Crompton Greaves Consumer Electricals Limited has announced a recommended final dividend of Rs. 3/- per Equity Share, bringing significant financial updates to its shareholders for the financial year (FY) 2025-26. The Board of Directors recommended this payout at their meeting held on May 13, 2026.The recommended dividend is based on an equity share face value of Rs. 2/- each and remains subject to approval by shareholders at the forthcoming Annual General Meeting (AGM).
Dividend Timeline and Payment Details
The company set the Record Date for determining shareholder eligibility for the payment of the final dividend as Friday, July 24, 2026. The final dividend is scheduled to be paid to eligible shareholders on or after Friday, August 07, 2026.As part of the process, all members holding shares in physical mode were advised to update their Know Your Customer (KYC) details, including PAN, contact information, bank account details, and Specimen Signature, to ensure uninterrupted receipt of the dividend.
TDS Requirements Under Income-tax Act, 2025
The company noted that the payout is subject to Tax Deducted at Source (TDS) in accordance with the provisions of the Income-tax Act, 2025. The applicable withholding tax rate depends on the residential status of the shareholder and the supporting documentation provided.Crompton Greaves Consumer Electricals Limited detailed the TDS requirements for both resident and non-resident shareholders, outlining various rates based on the documents submitted.
Tax Deducted at Source (TDS) Rates for Resident Shareholders
The company provided specific guidelines regarding tax deduction for resident members across different categories:
| Particulars | Withholding Tax Rate | Declaration / Documents Required |
|---|---|---|
| Individual member (dividend does not exceed Rs. 10,000 in aggregate) | Nil | NA |
| Valid PAN updated in the company's Register of Members | 10% | No document required |
| Shareholder submitting Form no.121 | Nil | Copy of PAN card |
| Securitisation Trust | Nil | Registration/document evidencing the shareholder as a securitisation trust |
TDS Rates for Non-Resident Shareholders
For international shareholders, different rates apply based on their status and documentation:
| Particulars | Rate of Deduction of Tax at Source | Documents Required (if any) |
|---|---|---|
| Foreign Institutional Investors (FIIs) / Foreign Portfolio Investors (FPIs) | 20% (plus applicable surcharge and cess) | FPI registration number/certificate along with documents |
| Other Non-resident shareholders | 35% (plus applicable surcharge and cess) in case of non-residents declaring that they have a permanent establishment in India. | Tax Residence Certificate and self-declaration regarding the non-existence of a permanent establishment in India. |
| Sovereign Wealth funds and Pension funds notified by Central Government | Nil | Copy of notification issued by CBDT substantiating the applicability of Schedule V(7) of the Act. |
Submission Instructions for Tax Documents
Shareholders were provided instructions detailing how to submit necessary tax documents online, with a deadline set for July 12, 2026. The company confirmed that upon payment, TDS certificates would be issued via email and available through the Income Tax Department's website (Form 168).The company emphasized that shareholders must ensure the completeness of documentation to enable the proper assessment and deduction of the applicable tax rate under the Income-tax Act, 2025.
CROMPTON Stock Price Movement
Crompton Greaves Consumer Electricals Limited shares shed 0.2% on Thursday, settling at ₹275.3 after trading down by ₹0.55 from the previous close. The stock traded within a range of ₹273.6 to ₹278.55 during the session, registering a volume exceeding 3 million 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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