Linde India Limited has intimated shareholders about tax deduction at source (TDS) on the dividend declared for the financial year ended 31 March 2026. The Board of Directors at its meeting on 30 May 2026 declared a dividend of 120% (Rs 12 per equity share), inclusive of a special dividend of 80% (Rs 8 per equity share).
The dividend applies to 85,284,223 equity shares of Rs 10 each in the company. The record date fixed for determining eligibility is 6 August 2026.
Linde India Limited will deduct tax at source on dividend payments in accordance with the Income Tax Act, 2025. Resident shareholders holding shares with a valid PAN will be subject to a 10% TDS rate under Section 393(1) of the Act. Residents without a valid PAN will face a higher deduction of 20%.
Non-resident shareholders, including Foreign Institutional Investors and Foreign Portfolio Investors, will be subject to a TDS rate of 20% or the applicable Double Taxation Avoidance Agreement (DTAA) rate, whichever is lower, increased by surcharge and cess where applicable. Non-resident shareholders may claim treaty benefits by submitting required documents including a copy of PAN, Tax Residency Certificate, and self-declaration in Form 41.
Shareholders are required to submit all necessary tax-related documents to KFin Technologies Limited, the company's registrar, by 6:00 PM IST on 27 July 2026. Documents can be uploaded on the registrar's portal or sent physically to their Hyderabad office. All dividend payments will be made through electronic credit to registered bank accounts of eligible shareholders.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.