Advanced Enzyme Technologies Limited has informed the Exchange about General Updates - Communication to Shareholders - Intimation on Tax Deduction on Dividend
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Advanced Enzyme Technologies has declared an interim dividend of ₹4 per equity share (face value ₹2) for FY2025-26, confirmed by the Board on May 13, 2025. The record date for eligibility is May 17, 2025 (Saturday), as previously announced on May 6, 2025. The filing is primarily a TDS (Tax Deducted at Source) intimation to shareholders, detailing applicable tax rates — 10% for resident individuals with valid PAN, 20% without PAN, and 20% plus surcharge/cess for non-residents (or DTAA rates if more beneficial). Shareholders must submit required documents to the company by May 16, 2025 to determine their applicable TDS rate, or else the maximum rate will be applied.
Shareholders will receive ₹4 per share as interim dividend, but tax will be deducted at source before payout. Investors should review their PAN, residency status, and submit Form 15G/15H or DTAA documents if eligible for lower or zero withholding.