Grasim Industries Limited (GRASIM) — Board Meeting

📢 Key Event
Grasim Industries mandates shareholder TDS documentation submission by July 31, 2026, for dividend tax relief

🔄 What Changed
New TDS compliance deadlines and expanded documentation requirements for dividend recipients

🔮 What's Next
Shareholders must independently file income tax returns to claim refunds of excess TDS

💡 Investor Takeaway
Shareholders must submit required documents by July 31, 2026, to avoid higher tax deductions on dividends

Grasim Industries announced TDS rates and documentation requirements for FY 2026-27 dividends, mandating resident and non-resident shareholders to submit forms by July 31, 2026, to claim exemptions or reduced rates, with non-compliance leading to 20% withholding plus surcharge and cess, and requiring independent refund claims.

📄 View Original Announcement (PDF)

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