Canara Bank has informed the Exchange about Copy of Newspaper PublicationInformation to Shareholders regarding TDS on dividend Newspaper Publication.
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Awaiting price reaction for this filing.
Canara Bank has filed copies of newspaper advertisements published on May 20, 2025, informing shareholders about Tax Deducted at Source (TDS) on the upcoming dividend payment. The notices appeared in Financial Express (English), Amar Ujala (Hindi), and Prajavani (Kannada), meeting the multi-language publication requirement. The filing was signed by Company Secretary Santosh Kumar Barik and submitted to both BSE (Scrip Code 532483) and NSE (Scrip Code CANBK). This is a routine compliance disclosure required by the Income Tax Act before any dividend is paid out. No dividend amount, record date, or TDS rate is mentioned in this particular filing, as it appears to be a follow-up to a prior dividend declaration announcement.
This is a routine regulatory filing with no direct impact on the stock price. Shareholders should check their PAN and bank details are updated with the bank/RTAs to avoid higher TDS deduction, and verify the applicable TDS rate based on their PAN status.