Bajaj Holdings notifies shareholders on interim dividend TDS and bank details
- Bajaj Holdings communicated TDS requirements for interim dividends under the Income-tax Act, 2025
- Shareholders holding stock as on September 11, 2026 received the notice on September 17, 2026
- The company mandated electronic dividend payments per SEBI Listing Regulations
- Shareholders must update bank details with Depository Participants or RTA KFin Technologies Ltd
*this image is generated using AI for illustrative purposes only.
Bajaj Holdings & Investment Limited informed shareholders about Tax Deduction at Source (TDS) procedures for its interim dividend and requested updates to bank account details. The communication, sent on September 17, 2026, applies to shareholders holding shares as on September 11, 2026.
The company highlighted that dividend income is taxable in the hands of shareholders under the Income-tax Act, 2025. Consequently, Bajaj Holdings is required to deduct tax at source as applicable. Shareholders seeking exemption from this deduction must submit the necessary documentation as outlined in the communication.
Bank Account Updation
The company mandated that all dividend payments be made through electronic modes, in compliance with SEBI Listing Regulations. Shareholders were requested to ensure their bank account details are current.
- Dematerialised shares: Shareholders must update details with their Depository Participant.
- Physical shares: Shareholders must update details with the company or its Registrar and Transfer Agent, KFin Technologies Ltd.
The company secretary, Saurabh Erande, confirmed that a specimen copy of the shareholder communication is available on the company’s website. This procedural update ensures seamless dividend processing and regulatory adherence for the upcoming payout cycle.
Historical Stock Returns for Bajaj Holdings & Investments
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.04% | +2.21% | -1.27% | +16.27% | -17.77% | +155.41% |
How might the strict TDS compliance under the Income-tax Act, 2025, impact the net dividend yield for high-net-worth individual shareholders?
Will the mandatory shift to electronic dividend payments lead to a significant increase in demat account conversions among holders of physical shares?
Could delays in bank detail updates by legacy physical shareholders result in processing bottlenecks or increased operational costs for KFin Technologies Ltd?
15
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
