Email to Shareholder for tax deduction on dividend
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Aeonx Digital Technology has written to shareholders explaining how tax will be deducted from the final dividend of ₹1 per share (face value ₹10) recommended by the Board on May 28, 2025 for FY2024-25, subject to AGM approval on September 23, 2025. The record date to identify eligible shareholders is September 16, 2025, and the last day to submit tax documents (Form 15G/15H, lower-TDS certificate, treaty documents, etc.) to the company's RTA (MUFG Intege India) is September 20, 2025. Dividend will be paid on or before October 20, 2025. Resident shareholders with a valid PAN will face 10% TDS, rising to 20% if PAN is missing or not linked to Aadhaar; non-residents will face 20% (plus surcharge/cess) or a lower treaty rate if documents are submitted in time. The communication also reminds physical shareholders to update PAN, KYC, bank details and nomination to receive dividends electronically.
Shareholders who do not submit the required tax exemption forms or update their PAN before September 20, 2025 could have up to 20% of their dividend withheld as TDS. The announcement confirms a ₹1 per share dividend is on its way — a small absolute payout, but shareholders should act quickly to file Form 15G/15H or treaty documents to optimise tax deduction.