Chembond Material Technologies Limited has informed the Exchange regarding 'Communication to Shareholders Intimation on Tax Deduction on Dividend'.
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Chembond Material Technologies Limited has informed shareholders about tax deduction at source (TDS) rules applicable to the final dividend of Rs. 1.75 per equity share (on face value of Rs. 5) declared by the Board on May 30, 2025 for FY 2024-25. The dividend is subject to shareholder approval at the 50th AGM scheduled for August 14, 2025. TDS will be deducted at 10% for resident shareholders with valid PAN, 20% if PAN is invalid or not linked with Aadhaar, and nil for those submitting Form 15G/15H. Non-resident shareholders face 20% TDS (plus surcharge and cess), reducible to treaty rates if proper documents (TRC, Form 10F, self-declaration) are submitted. Shareholders must send all required documents and declarations to cs@chembond.in by July 31, 2025, failing which higher TDS will be applied with no claim against the company.
This is a routine compliance communication accompanying a confirmed dividend declaration, signaling shareholder returns are on track. Retail investors who are seniors or below the taxable threshold should submit Form 15G/15H before July 31 to receive the full Rs. 1.75 per share without TDS deduction.