Bajaj Finance informs shareholders on TDS for final dividend

1 min read     Updated on 10 Jun 2026, 11:17 AM
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Reviewed by
Suketu GScanX News Team
AI Summary

Bajaj Finance Limited issued a communication on June 9, 2026, to shareholders regarding TDS on final dividend and bank account updates. The notice instructed shareholders on claiming tax exemption and updating bank details for electronic payments, referencing the Income Tax Act, 2025, and SEBI Listing Regulations.

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Bajaj Finance Limited has informed shareholders about the Tax Deduction at Source (TDS) applicable to the final dividend and the necessity of updating bank account details to ensure compliance with regulatory mandates. The communication, sent on Tuesday, 9 June 2026, addresses shareholders holding shares as of the cut-off date of Friday, 5 June 2026. The company emphasized that dividend income is taxable in the hands of shareholders under the Income Tax Act, 2025, necessitating tax deduction at source by the company where applicable.

The company detailed the documentation required for shareholders to claim exemption from TDS on dividend income. To avoid deduction, eligible shareholders must provide the necessary proof of exemption as per the provisions of the Income Tax Act, 2025. This measure ensures that the company adheres to its statutory obligation to deduct tax at source while allowing shareholders to validate their eligibility for concessions.

In addition to tax compliance, Bajaj Finance Limited requested shareholders to update their bank account details. For shares held in dematerialised form, details must be updated with the Depository Participant. For physical shareholdings, updates should be made directly with the company or its Registrar and Transfer Agent, KFin Technologies Ltd. This step is critical as the company is mandated to pay dividends exclusively through electronic modes under the SEBI Listing Regulations.

The communication serves as a procedural notice to facilitate smooth dividend distribution and regulatory adherence. Shareholders were advised to act promptly to ensure their records are current and to avoid any disruptions in receiving payments. A specimen copy of the detailed communication is available on the company's website for reference.

Requirement Action Required Target Entity
TDS Exemption Submit documentation for tax exemption claim Bajaj Finance Limited / Depositories
Bank Details Update Update bank account information Depository Participant (Demat) / Company or RTA (Physical)

Historical Stock Returns for Bajaj Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-1.53%-0.71%-8.88%-13.83%-8.34%+43.03%

How will the stricter TDS compliance under the new Income Tax Act, 2025, impact dividend yield attractiveness for retail investors?

What penalties or operational disruptions might shareholders face if they fail to meet the June 5, 2026, cut-off for updating bank details?

Could the mandatory electronic payment mode lead to a significant acceleration in the full dematerialization of remaining physical shareholdings?

Bajaj Finance Block Trades on BSE and NSE Span Multiple Sessions

1 min read     Updated on 09 Jun 2026, 01:06 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Bajaj Finance has seen sustained block trade activity across BSE and NSE, with three recorded transactions totalling significant institutional participation. The trades include a BSE deal worth ₹172.96 crore (~20,00,127 shares at ₹864.75), a first NSE trade worth ₹73.72 crore (~8,47,348 shares at ₹870.00), and a latest NSE block trade worth ₹15.33 crore (~1,73,997 shares at ₹880.90 per share).

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Bajaj Finance has witnessed a series of notable block trade transactions across both major Indian exchanges — the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) — reflecting sustained institutional-level participation in the counter. The activity spans multiple deals, with the latest NSE block trade adding to the already significant volume of shares that have changed hands in recent sessions.

Block Trade Summary

The following table captures all recorded block trades across both exchanges:

Parameter: BSE Trade NSE Trade 1 NSE Trade 2
Exchange: BSE NSE NSE
Trade Value: ₹172.96 crore ₹73.72 crore ₹15.33 crore
Number of Shares: ~20,00,127 ~8,47,348 ~1,73,997
Trade Price: ₹864.75 per share ₹870.00 per share ₹880.90 per share

Institutional Activity Across Exchanges

Block trades of this magnitude are typically executed through a dedicated window on the exchange, enabling large institutional investors to transact significant quantities of shares without materially impacting the broader market price. The BSE transaction involved approximately 20,00,127 shares at ₹864.75 per share, amounting to ₹172.96 crore, while the first NSE deal saw approximately 8,47,348 shares change hands at ₹870.00 per share, valued at ₹73.72 crore.

Latest NSE Block Trade

In the most recent development, a fresh NSE block trade was recorded for approximately 1,73,997 shares at ₹880.90 per share, amounting to ₹15.33 crore. The slightly higher trade price of ₹880.90 compared to earlier transactions is notable, reflecting the price at which the latest institutional deal was struck. Collectively, the block trades across BSE and NSE represent a considerable movement of Bajaj Finance shares, underscoring continued interest from large market participants in the stock.

Historical Stock Returns for Bajaj Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-1.53%-0.71%-8.88%-13.83%-8.34%+43.03%

What factors are driving the sustained institutional interest in Bajaj Finance despite recent market volatility?

How might these block trades influence Bajaj Finance's stock price in the near term?

Are there any upcoming corporate actions or earnings announcements that could be linked to this heightened trading activity?

More News on Bajaj Finance

1 Year Returns:-8.34%