Godrej Consumer Products Limited — Important, 24-01-2025: General Updates
Godrej Consumer Products Ltd. has declared a 4th interim dividend for FY 2024-25 at ₹5 per equity share. The record date for dividend payment is set for February 3, 2025. Shareholders are urged to update their Permanent Account Number (PAN) and other mandatory details by this date to ensure effective tax deduction at source (TDS). Resident shareholders will face a standard TDS of 10% on dividends unless they provide a valid PAN; otherwise, a higher rate may apply. For non-resident shareholders, TDS will be withheld at applicable rates, potentially benefiting from Double Tax Avoidance Agreements (DTAA) if applicable documentation is provided. It is crucial for shareholders to submit required documents to avoid complications with TDS or to claim applicable lower tax rates. The company emphasizes the importance of timely communication for accurate dividend processing and tax compliance.
