Procter & Gamble Health Limited Recommends Dividend of Rs 45 Per Share; Stipulates TDS Requirements
Procter & Gamble Health Limited has announced a recommendation for a final dividend of Rs 45 per equity share for its Financial Year 2025-26. The payment is set to be made subject to the approval of shareholders at the forthcoming Annual General Meeting (AGM).The recommended dividend pertains to shares with a face value of Rs 10 each. As dividends declared and paid after April 1, 2020, are taxable in the hands of shareholders, the company has specified various Tax Deducted at Source (TDS) rates contingent upon the status and documentation provided by the shareholder.
The TDS rate structure for resident shareholders is detailed below:
| Particulars | Applicable Rate | Documents Required |
|---|---|---|
| Total dividend to be paid to Individual | Nil | - |
| Shareholder during F.Y. April 1, 2026 to March 31, 2027 does not exceed INR 10,000 | ||
| Valid Form 121 is furnished | Nil | No TDS shall be deducted if the Individual shareholder provides duly signed Form 121. |
| PAN is available | 10% | Shareholders are requested to update their PAN with depositories or the Company's Registrar and Transfer Agents (RTA) M/s. Kfin Technologies Private Limited. |
| PAN is not available/ invalid PAN | 20% | |
| LIC, GIC, Other Insurer for whom Section 194 of the Act is not applicable | Nil | Self-attested copy of valid IRDAI registration certificate must be submitted. |
| Persons Covered under Section 393 of the Act (e.g. Mutual Funds, Govt.) | Nil | Self-attested copy of valid SEBI registration certificate or supporting evidence must be submitted. |
| Submitting Order u/s 395 or NIL withholding tax certificate | Rate provided in the Order | Lower/NIL withholding tax certificate obtained from tax authority. |
| Category I and II Alternative Investment Fund | Nil | Self-attested copy of valid SEBI registration certificate must be submitted. |
For non-resident shareholders, a different rate structure applies:
| Particulars of Non-Resident Shareholders | Applicable Rate | Documents Required |
|---|---|---|
| Non-resident shareholders (including FII/FPI) | 20% (plus applicable surcharge and cess) OR DTAA Rate (whichever is lower) | To avail DTAA, required documents include self-attested copy of Indian Permanent Account Number (PAN), Tax Residency Certificate from the home country, and a copy of Form 41. |
| Submitting Order u/s 395 or NIL withholding tax certificate | Rate provided in the Order | Lower/NIL withholding tax certificate obtained from the tax authority. |
The company emphasized that shareholders must submit required forms and documents for the Financial Year 2026-27 to determine and deduct the appropriate TDS/Withholding Tax. One specific instruction is that a declaration under Rule 203 of the Income Tax Rules, 2026, for giving credit of taxes deducted should be made on or before August 12, 2026.
The company also requested shareholders to submit bank details to their Depository Participants (DPs) if they hold shares in electronic form, or to M/s. KFin Technologies Limited (RTA) along with a photocopy of a blank cancelled cheque if the shares are held in physical form.
PGHL Stock Price Movement
Shares of Procter & Gamble Health Limited slipped on Thursday, closing at ₹6232.5 after shedding 0.13% from the previous close. The stock movement saw a traded volume of 7,899 shares as it closed down by ₹8.00.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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