The Great Eastern Shipping Company Limited has announced the tax deduction at source (TDS) details for the upcoming interest payment on its 8.85% unsecured redeemable non-convertible debentures, scheduled for April 13, 2026.
The interest payment, originally due on April 12, 2026, will be made on the following business day, as the original date falls on a Sunday. The payment will be made net of TDS to debenture holders listed as of the record date, March 30, 2026. TDS will be deducted at 10% for resident debenture holders with a valid PAN linked to Aadhaar, except in cases where exemptions apply, such as interest amounts below ₹10,000 or specific declarations submitted. Non-resident holders may benefit from Double Tax Avoidance Agreements if they submit the required documentation by March 30, 2026.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).