Veedol Corporation Limited has issued a communication to its shareholders regarding the Tax Deduction at Source (TDS) applicable on the second interim dividend for the financial year 2025-26. The Board of Directors had approved a second interim dividend of ₹14 per Equity Share of ₹2 each for FY 2025-2026 on February 2, 2026. The payment of this dividend will be made to shareholders whose names appear on the Company's Register of Members or as beneficial owners by Friday, February 6, 2026. The company will be required to deduct tax at source at prescribed rates on the dividend paid, based on the shareholder's category and residential status. Shareholders are requested to submit necessary details such as their valid Permanent Account Number (PAN), residential status, category of shareholder, and address by Wednesday, February 11, 2026, to ensure compliance with TDS provisions. Failure to provide these details or an incomplete submission may result in higher TDS rates. The company has outlined specific requirements for both resident and non-resident shareholders, including the submission of various forms and declarations to avail lower or nil withholding tax rates as per the Income Tax Act and Double Tax Avoidance Treaties (DTAA).
