Gillette India Declares Final Dividend of Rs 60 per Share; Shareholders Advised on TDS Submission Process

Gillette India Declares Final Dividend of Rs 60 per Share; Shareholders Advised on TDS Submission Process

Gillette India Declares Final Dividend of Rs 60 per Share; Shareholders Advised on TDS Submission Process​

Gillette India Limited has declared a final dividend for its shareholders, setting out detailed procedures regarding Tax At Source (TDS) deductions based on regulatory requirements. The declaration follows the company's Board meeting held on May 27, 2026.

The Board of Directors approved a final dividend of Rs. 60 per equity share, where the face value of the stock is Rs. 10 each. This dividend pertains to the Financial Year 2025-26 and is subject to approval at the upcoming Annual General Meeting of the Company. As stated in prior communications, the dividend paid by Gillette India Limited is taxable in the hands of the shareholders, necessitating TDS deduction by the company at applicable rates.

To facilitate the determination and necessary TDS deduction on the dividend, shareholders are directed to submit specific tax documents through defined channels. The required submissions can be made via the MAS Portal or through designated Tax Services platforms provided by Depositories.

Dividend Details and Submission Guidelines​

The following table summarizes the key financial details and instructions for shareholder compliance regarding the dividend declaration:

DetailValue / Requirement
CompanyGillette India Limited
Financial Year2025-26
Dividend Amount (per share)Rs. 60
Face Value per ShareRs. 10
Deadline for Tax SubmissionAugust 14, 2026, by 5:00 PM (IST)

Shareholders who wish to submit documentation via the MAS Portal are instructed to visit the specific RTA portal, select "GILLETTE INDIA LIMITED," and input details including their Email ID or DP ID & Client ID/Folio Number. Tax documents must meet specified requirements, including formats like PDF, JPG, JPEG, PNG, GIF, or ZIP, and a maximum file size of 10 MB.

Alternative Submission Methods​

Resident Individual Shareholders also have the option to submit Form No. 121 (Declaration for receipt of dividend without deduction of tax) through their Depository Participant (DP). This service is available via National Securities Depository Limited (NSDL) or Central Depository Services (India) Limited (CDSL), both of which enable electronic submission through their respective platforms.

Shareholders are strictly cautioned to submit all requisite forms and documents through either the MAS Portal or the designated depository services no later than August 14, 2026, by 5:00 PM (IST). Any submissions received after this deadline, or those that are incomplete or unsigned, will not be considered by the Company.

GILLETTE Stock Price Movement​

As of 2:08 PM, shares of Gillette India Limited are shedding 0.24% in live trading, currently priced at ₹7595.5 after declining by ₹18.00. The stock is traded on a volume of 13,992 shares during the ongoing market session.
 

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