AGI Greenpac Limited has informed the Exchange regarding communication to the shareholders on Deduction of Tax at source on Dividend

AGI Greenpac has sent shareholders a detailed note explaining how tax will be deducted at source on the final dividend of Rs. 7 per equity share (face value Rs. 2) recommended for FY 2024-25. The dividend is subject to shareholder approval at the 65th AGM on 29 August 2025, with the record date set for 22 August 2025. Resident individual shareholders earning up to Rs. 10,000 in dividends annually face no TDS, while those above this threshold will see 10% TDS with a valid PAN and 20% without PAN or if PAN-Aadhaar is not linked. Non-resident shareholders face 20% TDS (plus surcharge and cess) unless they submit documents like Tax Residency Certificate and Form 10F to claim beneficial DTAA rates. Shareholders must submit all tax-relief documents by 22 August 2025, and KYC details (PAN, bank account, etc.) must be updated to receive the dividend electronically.