3M India Limited — Important, 17-07-2025: General Updates

3M India's Board approved a final dividend of Rs. 160/share and a special dividend of Rs. 375/share for FY25, totaling Rs. 535/share, pending shareholder approval. Following tax law changes, dividend income is now taxable for shareholders. The company will deduct tax at source (TDS). Shareholders must submit relevant documents, like Form 15G/H for residents or tax residency certificates for non-residents, by a specified deadline to enable appropriate tax deduction or claim lower/nil TDS benefits. Prompt action is crucial to avoid higher deductions.