Email Communication to shareholders for deduction of Tax at Source on Final Dividend.
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Comfort Commotrade Ltd has informed shareholders about tax deduction at source (TDS) on the proposed final dividend for FY 2024-25. The Board, at its May 6, 2025 meeting, recommended a 5% final dividend (Rs. 0.50 per share on face value of Rs. 10), subject to shareholder approval at the 18th AGM. The record date is September 5, 2025, and the register of members will be closed from September 6 to September 12, 2025. For resident shareholders, TDS of 10% applies if PAN is updated; 20% if PAN is missing or not linked with Aadhaar. Non-resident shareholders face 20% plus surcharge/cess, or a lower DTAA treaty rate if eligible documents are submitted. Individual shareholders with total dividend up to Rs. 10,000 in FY25-26 are exempt from TDS. Shareholders must submit required documents (PAN, Form 15G/15H, TRC, Form 10F, etc.) before the record date to claim lower or zero TDS.
This is a routine compliance communication — no new material information. Shareholders should ensure PAN, bank details, and exemption forms are updated before the September 5, 2025 record date to avoid higher TDS deduction. No direct impact on stock price is expected.