Communication sent to the shareholders of the Company regarding deduction of tax at source on dividend
Awaiting price reaction for this filing.
Uno Minda has informed shareholders about the tax deduction rules that will apply to its final dividend of Rs. 1.50 per equity share (75% on face value of Rs. 2) for FY ending 31 March 2025. The record date is 30 May 2025, and dividend is subject to shareholder approval at the upcoming AGM. TDS will apply at 10% for resident shareholders with PAN, 20% without PAN, and various rates (20% plus surcharge and cess) for non-resident shareholders, with options to claim lower rates via tax treaties.
Shareholders eligible to receive dividend should ensure PAN and bank details are updated with their depository/RTA, and submit necessary forms (15G/15H/10F and declarations) by 10 June 2025 to avoid higher TDS deduction. This is a procedural compliance communication, not a change in the dividend amount itself.