National Peroxide's Board proposed a dividend of Rs. 7.00 per share for the prior financial year, awaiting shareholder approval at the upcoming Annual General Meeting.

Dividends are subject to tax, and the company will deduct tax at source.

To ensure appropriate tax deduction or claim exemptions, shareholders need to update their PAN, residential status, and other relevant details.

Resident individuals can potentially avoid tax deduction if their dividend is under Rs. 10,000 or by submitting a specific tax declaration form.

Non-resident shareholders can claim treaty benefits by providing necessary documentation.

Shareholders must submit all required tax documents and ensure bank details are current for smooth dividend payment.