Key Quantitative Figures

  • Recommended dividend: ₹9 per equity share of ₹5 each (180%)
  • Record date: July 31, 2026
  • Financial year: 2025-26 (ended March 31, 2026)
  • TDS exemption threshold for resident individuals: ₹10,000 annual dividend
  • Standard TDS rate for residents with valid PAN: 10%
  • Higher TDS rate for residents without valid PAN: 20%
  • Standard TDS rate for non-residents: 20% plus applicable surcharge and cess

Parties Involved

  • Bata India Limited (Declaring company)
  • MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) - RTA
  • Shareholders (resident and non-resident)
  • Income Tax Department
  • SEBI (for registered FPIs/AIFs)

TDS Procedures for Resident Members

  • No TDS if total dividend ≤ ₹10,000 and PAN available
  • 10% TDS for residents with valid PAN registered with DP/RTA
  • 20% TDS for residents with no PAN/invalid PAN/inoperative PAN
  • Exemptions available for LIC, GIC, Mutual Funds, RBI, Government entities, Category I & II AIFs, NPS Trust, Provident Funds, Superannuation Funds, Gratuity Funds with appropriate documentation
  • Form 121 required for certain exempt categories

TDS Procedures for Non-Resident Members

  • Standard 20% TDS plus applicable surcharge and cess
  • Option to avail beneficial Double Taxation Avoidance Agreement rates
  • Required documents: PAN, Tax Residency Certificate, Form 41, SEBI registration certificate (for FIIs/FPIs), self-declaration (SD2)
  • Special rates: Category III AIF/Retail Scheme/ETF in IFSC (10%), Notified Jurisdictional Area residents (30%), Sovereign Wealth Funds and Pension Funds (NIL), Category I FPIs (10%), Abu Dhabi Investment Authority subsidiaries (NIL)

General Provisions

  • TDS deduction based on records available with RTA/depositories as of July 22, 2026
  • Company reserves right to deduct tax at higher rates if declarations are found incorrect
  • Members must indemnify company for any tax demands arising from misrepresentation
  • TDS certificates will be emailed to registered email IDs
  • Members must update PAN, email addresses, mobile numbers, and bank account details with depositories/RTA

Disclaimer

The communication is not exhaustive tax advice, and shareholders should consult their tax advisors. The company and RTA are not liable for higher TDS deductions due to incomplete documentation.