Date: August 3, 2026
Dividend Declaration
The Board of Directors declared an interim dividend of ₹14.40 per equity share for the financial year 2026-27.
TDS Procedures for Resident Shareholders
- TDS will be deducted at 10% under section 393(1) of Income-tax Act, 2025 for resident individuals with valid PAN linked to Aadhar
- No TDS deduction if: dividend paid during tax year does not exceed ₹10,000; or individual shareholder below 60 years submits valid Form No. 121; or individual shareholder 60 years or above submits valid Form No. 121
- TDS deducted at 20% plus surcharge and education cess if PAN not available or invalid
- No TDS deduction for specific resident non-individuals (Insurance Companies, AIFs, Mutual Funds) if they provide required documents by August 7, 2026 to RTA KFin Technologies Limited
TDS Procedures for Non-Resident Shareholders
- Tax deducted at applicable rates under Income-tax Act
- Non-residents can opt for DTAA benefits by submitting required documents by August 7, 2026 to RTA
- Required documents include: self-attested PAN copy, Tax Residency Certificate, Form No. 41, eligibility declaration, No PE declaration, SEBI registration certificate (for FIIs/FPIs)
- Special requirements for Singapore tax residents claiming treaty benefits
- Company not obligated to apply beneficial DTAA rates if documents incomplete
Important Deadlines and Procedures
- All documents must be submitted by August 7, 2026
- Scanned copies must be emailed to dividendtax@greatship.com and einward.ris@kfintech.com
- Shareholders must update PAN, email address, bank details (including 9-digit MICR Code and 11-digit IFSC Code) with depository participants (dematerialized shares) or RTA (physical shares)
- All payments will be made electronically only - no physical warrants, cheques or drafts
- Failure to update KYC/bank details will result in dividend being withheld
Additional Information
- PAN must be linked with Aadhar for individual taxpayers
- Residential status determined based on records available with Company/RTA/DPs
- Shareholders can claim tax refund through income tax return if higher TDS deducted
- TDS certificates will be emailed to registered email IDs
- No claims against Company for tax deducted at source
- Contact: dividendtax@greatship.com or einward.ris@kfintech.com
RTA Details
KFin Technologies Limited
Unit: The Great Eastern Shipping Co. Ltd.
Karvy Selenium, Tower B, Plot 31-32
Gachibowli, Financial District, Nanakramguda
Hyderabad - 500 032