Linde India Declares Dividend of Rs. 12 Per Share; Shareholders Urged to Update Tax Documents
Linde India Limited announced a dividend declaration for its shareholders after a board meeting held on May 30, 2026. The company declared a total dividend of 120%, amounting to Rs. 12/- per equity share, which includes a special dividend component of 80% (Rs. 8/- per equity share).The dividend was declared on 85,284,223 equity shares of the company, each valued at Rs. 10/-. The company set the Record date for determining shareholder eligibility for this payment as Thursday, August 6, 2026. Shareholders whose names are reflected in the register of members on the record date will receive the dividend via electronic credit to their registered bank accounts.
The Board also issued an intimation regarding the obligations concerning Tax Deduction at Source (TDS) on dividends under the Income-Tax Act, 2025. The company is obligated to deduct TDS on the dividend payable after accounting for applicable taxes, surcharge, and cess.
Requirements for Dividend Receipt and Tax Compliance
To ensure timely receipt of the dividend in their bank accounts, shareholders are requested to update all necessary bank account details within their respective demat accounts or physical folios.Shareholders must also complete specific requirements related to tax compliance, including furnishing residential status (Resident or Non-Resident for Tax Year 2026-27), Valid Permanent Account Number (PAN), and Aadhaar number in the case of individual shareholders. This information must be updated with their Depository Participant (DP) or the Company's Registrar and Transfer Agent (RTA) by August 6, 2026.
The TDS deduction rates vary based on the shareholder category and documentation provided. A summary of the rates for resident shareholders is detailed below:
| Shareholder Status | Condition / Documentation Required | Tax Deduction Rate |
|---|---|---|
| Resident Shareholders with PAN | Valid Permanent Account Number (PAN) | 10% |
| Individual Shareholders | Submission of Form 121 and other requisite documents | Nil, if aggregate dividend does not exceed Rs. 10,000/- |
| Insurance Company | Documentary evidence as per Section 393(4) | Nil |
| Mutual Fund | Self-attested copy of valid SEBI registration Certificate | Nil |
| AIF (Category I & II) in India | Self-attested copy of valid SEBI registration Certificate | Nil |
| Other Resident Entities (Firm, HUF, etc.) | Submission of lower withholding tax certificate or exemption documentation | As applicable |
For non-resident shareholders, the TDS rate is 20% or the rate provided under the Double Taxation Avoidance Agreement (DTAA), whichever is lower. Non-resident entities are required to submit a copy of the Tax Residency Certificate (TRC) and necessary self-declarations for claiming DTAA benefits.
Submission Deadline
The company mandates that all documents relating to tax compliance be uploaded on the KFin Technologies Limited portal or submitted physically by July 27, 2026. The deadline for document submission is strictly set at 6:00 PM (IST).Shareholders are advised that eligibility for tax benefits and the application of TDS rates are subject to due diligence and verification of their details as per the Register of Members on the record date.
LINDEINDIA Stock Price Movement
As of 3:26 PM, shares of Linde India Limited are edging higher in live trading, currently at ₹6921.5 after surging 3.06%. With a total traded volume of 24,208 shares, the stock remains close to today's high of ₹6949.5.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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