Pursuant to the changes introduced by the Finance Act, 2020, the Dividend Distribution Tax has been abolished with effect from 1st April, 2020 and the Dividend income has become taxable in the hands of the shareholders. In this regard, Pidilite Industries has informed that it enclosed an email communication which has been sent to all the shareholders whose email addresses are registered with the Company/Depositories, indicating the process and documentation required for claiming tax exemption on dividend. The said communication has also been uploaded on the website of the Company: https://www.pidilite.com/investors/shareholders-corner/.
The above information is a part of company’s filings submitted to BSE.
