Email Communication to shareholders for deduction of Tax at Source on Final Dividend.
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Comfort Fincap Ltd has informed shareholders about the tax deduction rules that will apply to its Final Dividend for FY 2024-25. The Board has recommended a 5% final dividend, which works out to Rs. 0.10 per equity share on a face value of Rs. 2 each, subject to shareholder approval at the upcoming 43rd AGM. The record date for eligibility is Friday, September 05, 2025, and the share register will be closed from September 06 to September 12, 2025. The company has detailed TDS rates for various shareholder categories: 10% for resident shareholders with a valid PAN, 20% for those without PAN, and 20% (or beneficial DTAA rate) for non-resident shareholders. No TDS applies to individual shareholders if their total dividend from the company in FY 2025-26 is Rs. 10,000 or less. Higher TDS under Section 206AB will apply to 'specified persons' who have not filed income tax returns.
This is a routine regulatory communication and does not change the dividend itself. Shareholders should ensure their PAN, bank, and email details are updated with the RTA (Bigshare Services) or their depository participant before the record date to avoid higher TDS deduction (20% instead of 10%) or non-receipt of payment.