The Great Eastern Shipping Company Limited (GESHIP) — Board Meeting Announcement

· NSE 🟡 Notable Neutral
📢 Key Event
Interim dividend of Rs 11.70 per share declared for FY 2025-26
🔄 What Changed
TDS rate of 10% for resident shareholders with PAN-Aadhaar linkage; 20% TDS for others; mandatory document submission by May 20, 2026
🔮 What's Next
May 20, 2026 deadline for document submission to claim DTAA benefits and update KYC
💡 Investor Takeaway
Shareholders must submit required documents by May 20 to avoid higher TDS and ensure dividend receipt.

The company announced a Rs 11.70 interim dividend per share for FY 2025-26, requiring TDS under Section 393 of the Income Tax Act 2025. Resident shareholders with valid PAN linked to Aadhaar will face a 10% TDS rate, while those without PAN or with invalid PAN will be subject to a 20% TDS rate plus surcharge and education cess. Non-resident shareholders must submit documents by May 20, 2026, to claim DTAA benefits, and all shareholders must update KYC and bank details to avoid dividend withholding. Electronic dividend payments will be made exclusively, and TDS certificates will be emailed post-payment.

📄 View Original Announcement (PDF)

About The Great Eastern Shipping Company Limited (GESHIP)

Services · Transport Services · Listed on NSE

Market Cap: ₹21,899.05 Cr P/E: 7.6

View full GESHIP stock details →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.