Bombay Dyeing & Mfg Company Limited has informed the Exchange regarding 'Communication to Shareholders: Dividend for FY 2024-25 Intimation on Tax Deduction at Source (TDS) / withholding tax on Dividend'.
BOMDYEING · price
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Bombay Dyeing has informed shareholders about tax deduction at source (TDS) rules that will apply on the dividend declared for FY 2024-25. The Board has recommended a dividend of Rs. 1.20 per equity share (60%) on shares with face value of Rs. 2 each. The cut-off date to be eligible for the dividend is August 6, 2025, and the 145th AGM is scheduled for August 13, 2025, with payment to follow after shareholder approval. TDS will be deducted at 10% for resident shareholders with valid PAN, 20% for non-residents, and up to 20% if PAN is invalid or not linked with Aadhaar. Shareholders must update PAN, residential status, bank details, and submit relevant exemption forms (15G/15H, etc.) on or before August 6, 2025, via the KFin Technologies portal.
Shareholders need to ensure their PAN, Aadhaar linking, and bank details are updated before August 6, 2025, or they risk higher TDS deduction (up to 20%). Resident individuals with total dividend income below Rs. 10,000 in FY 2025-26 or those submitting valid Form 15G/15H can avoid TDS. The Rs. 1.20 per share dividend is a routine payout and is unlikely to be a major stock-moving catalyst on its own.