Berger Paints informs shareholders on dividend tax deduction

0 min read     Updated on 10 Jun 2026, 02:50 AM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Berger Paints India Limited communicated to shareholders regarding the deduction of tax at source on dividend under the Income Tax Act, 2025, as amended by the Finance Act, 2026. The company explained that dividends are taxable in the hands of shareholders, necessitating withholding tax at prescribed rates.

powered bylight_fuzz_icon
42551719

*this image is generated using AI for illustrative purposes only.

Berger Paints India Limited has informed its shareholders regarding the deduction of tax at source on dividend under the provisions of the Income Tax Act, 2025, as amended by the Finance Act, 2026. The company outlined that dividends paid or distributed are taxable in the hands of the shareholders, necessitating withholding tax at prescribed rates.

The communication, which includes necessary annexures explaining the withholding process, has been dispatched to shareholders whose email IDs are registered with the company, its Registrar and Share Transfer Agent, or the Depositories. It has also been sent to other shareholders as per applicability.

Availability of Information

The detailed communication and the relevant annexures are accessible on the official website of Berger Paints. Shareholders can refer to the investor services section to review the tax deduction procedures and compliance requirements.

The disclosure was formally addressed to the Corporate Relationship Department of BSE Limited, the Listing Department of National Stock Exchange of India Limited, and the Listing Department of The Calcutta Stock Exchange Ltd. The notice was signed by Arunito Ganguly, Vice President & Company Secretary, on June 9, 2026.

Historical Stock Returns for Berger Paints

1 Day5 Days1 Month6 Months1 Year5 Years
-0.53%+3.61%-0.35%-6.40%-10.29%-23.77%

How might the updated tax provisions under the Finance Act, 2026, affect shareholder dividend yields?

Could the changes in tax deduction rates influence investor sentiment towards Berger Paints and similar dividend-paying stocks?

What compliance challenges might shareholders face due to the new withholding tax procedures?

Berger Paints India Limited to hold investor meet on June 9

0 min read     Updated on 02 Jun 2026, 05:17 AM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

Berger Paints India Limited has scheduled an analyst and institutional investor meeting for June 9, 2026, at Hotel Grand Hyatt in Mumbai. The meeting, part of the India Investor Conference organized by ICICI Securities, will be attended by CFO Mr Kaushik Ghosh and Mr Sayantan Sarkar. The company confirmed that no unpublished price sensitive information will be shared during the session.

powered bylight_fuzz_icon
41848406

*this image is generated using AI for illustrative purposes only.

Berger Paints India Limited has scheduled an analyst and institutional investor meeting for June 9, 2026. The company's CFO, Mr Kaushik Ghosh, and Mr Sayantan Sarkar, General Manager – Corporate Finance & Accounts, will participate in the session to engage with investors.

The meeting is part of the India Investor Conference organized by ICICI Securities. It will be conducted as a physical, one-to-one interaction at Hotel Grand Hyatt in Mumbai. The session is scheduled to take place from 9 a.m. to 6 p.m.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that no unpublished price sensitive information will be shared during the meeting.

Day, date and time Details Mode of Meeting Type of Meet
Tuesday, 9 June, 2026 from 9 a.m. to 6 p.m. India Investor Conference organized by ICICI Securities Ltd. at Hotel Grand Hyatt, Mumbai Physical One to One

Berger Paints India Limited has requested the stock exchanges to take this information on record.

Historical Stock Returns for Berger Paints

1 Day5 Days1 Month6 Months1 Year5 Years
-0.53%+3.61%-0.35%-6.40%-10.29%-23.77%

What strategic initiatives or growth plans is Berger Paints likely to discuss with investors during the meeting?

How might the insights from this meeting influence investor sentiment and stock performance in the short term?

Could this meeting signal any upcoming corporate actions, such as mergers, acquisitions, or capital restructuring?

More News on Berger Paints

1 Year Returns:-10.29%