Apcotex Industries Limited has informed the Exchange about Communication to Shareholders - Intimation on Tax Deduction on Dividend
APCOTEXIND · price
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Apcotex Industries Limited has sent a communication to its shareholders regarding the deduction of tax at source (TDS) on the dividend to be paid by the company. This is a routine regulatory intimation informing shareholders about the applicable tax provisions and rates on dividend income. Shareholders will need to check their eligibility for lower or zero TDS based on the documents they submit to the company or its registrar. The filing itself does not contain new financial numbers, dividend amount changes, or any alteration to the previously declared dividend.
This is a standard procedural communication and is not expected to have any material impact on the stock price. Shareholders should review the TDS rules and submit relevant tax forms if they wish to reduce or avoid tax deduction on their dividend income.