Arvind Limited has informed the Exchange regarding 'Communication to Shareholders ‐ Intimation on Tax Deduction on Dividend'.
ARVIND · price
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Arvind Limited has informed shareholders about the tax deduction at source (TDS) applicable on the final dividend of Rs. 3.75 per equity share (face value Rs. 10) recommended by the Board on 15th May 2025 for FY 2024-25, pending AGM approval. Resident shareholders with valid PAN will face 10% TDS, while those without PAN or with inoperative PAN (due to Aadhaar non-linking) will face 20% TDS. No TDS applies if total dividend to an individual shareholder is up to Rs. 5,000 in a year, or if eligible Form 15G/15H is submitted. Non-resident shareholders will face 20% TDS (plus surcharge/cess) or 40% if classified as a specified person under Section 206AB. Shareholders must submit required documents (PAN, Form 15G/H, TRC, Form 10F for NRIs, etc.) on or before 25th July 2025 to claim applicable TDS rates or exemptions.
This is a routine procedural communication; it does not affect the stock price but requires shareholders to act before 25th July 2025 to avoid higher tax deduction. Failure to submit documents will result in excess TDS, which can only be reclaimed via income tax return filing.