Company Disclosure
Colgate-Palmolive (India) Limited (Scrip Code: 500830, Symbol: COLPAL) has made a regulatory filing regarding dividend payment and tax compliance procedures.
Dividend Declaration
- The Board of Directors declared First Interim Dividend of ₹24 per equity share of Re.1 each for Financial Year 2026-27 at their meeting held on October 22, 2026.
- Dividend will be paid from November 19, 2026 to shareholders on the Register of Members as of Record Date November 2, 2026.
Tax Deduction at Source (TDS) Procedures
Resident Shareholders
- TDS deducted under Section 393(1) [Table: S.No.7] of Income Tax Act, 2025 at 10% if PAN provided
- TDS at 20% if no PAN provided or PAN not linked with Aadhaar
- No TDS if total dividend received during TY 2026-27 (including Second Interim Dividend for FY 2025-26 paid on June 17, 2026 and First Interim Dividend for FY 2026-27) does not exceed ₹10,000
- No TDS for shareholders providing Form 121 (applicable to resident individuals including those aged 60+ years) meeting eligibility conditions
Non-Resident Shareholders (FPI/FII and others)
- TDS deducted under Section 393(2) [Table Sl. No 17] read with section 207(1) [Table Sl. No. 1] at 20% or lower treaty rate
- Non-resident shareholders can opt for Double Tax Avoidance Agreement benefits if more beneficial
- Required documents for treaty benefits: PAN copy, Tax Residency Certificate (TRC) for April 2026-March 2027, Form 41 for TY 2026-27, self-declaration of eligibility
- Singapore residents must provide evidence demonstrating non-applicability of Article 24 - Limitation of Relief under India-Singapore DTAA
Submission Requirements and Deadlines
- All documents must be submitted to MUFG Intime India Private Limited (formerly Link Intime India Private Limited) at https://web.in.mpms.mufg.com/formsreg/submission-of-Form-121-41.html
- Submission deadline: November 2, 2026 by 5:00 PM IST
- No communications on tax determination will be entertained after the deadline
- Tax once deducted will not be refunded or adjusted against future payments
- Company's decision on applicable TDS rate based on document review is final
- Shareholders allowed only one submission opportunity
TDS Rate Table
| Shareholder Category | TDS Rate |
| Resident - Form 121 provided | Nil |
| Resident - Total dividend ≤ ₹10,000 | Nil |
| Resident - Total dividend > ₹10,000 with PAN | 10% |
| Resident - Total dividend > ₹10,000 without PAN | 20% |
| Non-resident (FII/FPI) | 20% or lower treaty rate |
| Other Non-resident (no PE in India) | 20% or lower treaty rate |
- Non-resident rates subject to applicable surcharge and cess if deducted under Income-tax Act, 2025
SEBI Electronic Payment Mandate
- SEBI circulars (ref: SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/37 dated March 16, 2023, SEBI/HO/MIRSD/POD-1/P/CIR/2023/70 dated May 17, 2023, and SEBI/HO/38/13/(4)2026-MIRSD-POD/I/4298/2026 dated February 6, 2026) mandate electronic dividend payments effective April 1, 2024
- No dividend will be paid if PAN, KYC details, contact details, bank account details, or specimen signatures are not updated
- Shareholders must update details with Company/RTA (physical shares) or Depository Participant (electronic shares)
- Shareholders requested to furnish/update nomination details
Disclaimer
- Communication not to be treated as tax advice from Company or affiliates
- Shareholders should obtain tax advice from tax professionals