Goodricke Group Ltd — Important, 02-07-2026: Company Update

The company has informed shareholders about tax deductions on the proposed final dividend of Rs. 2 per equity share for FY 2026. This dividend is subject to shareholder approval at the upcoming Annual General Meeting. As per tax regulations, dividend income is taxable, and the company will deduct tax at source. Resident shareholders generally face a 10% tax on dividends exceeding INR 10,000, with a 20% rate for invalid PANs. Shareholders must submit necessary documents by July 15, 2026, to claim exemptions or lower tax rates. Non-resident shareholders have specific documentation requirements for treaty benefits. Timely submission and a valid PAN are essential for accurate tax deduction.