Aegis Logistics Limited has informed the Exchange about Communication to Shareholders - Intimation on Tax Deduction on Dividend
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Aegis Logistics has informed shareholders about the tax deduction process on its final dividend for FY2024-25. The Board has recommended a final dividend of Rs. 6 per equity share (600% on Re. 1 face value), subject to shareholder approval at the 68th AGM on August 14, 2025. The record date for dividend eligibility is July 18, 2025. The company will deduct tax at source (TDS) at prescribed rates — 10% for resident shareholders with valid PAN, 20% (plus surcharge and cess) for non-resident shareholders, with various exemptions available for specific categories like mutual funds, insurance companies, and certain AIFs. Shareholders must submit required documents (PAN, Form 15G/15H, TRC, etc.) by July 30, 2025.
Shareholders will receive the Rs. 6 per share dividend net of applicable TDS. Investors should ensure PAN and exemption documents are submitted by July 30, 2025 to avoid higher tax deduction (up to 20%). This is a procedural communication related to an already announced dividend — no new financial impact on the stock.