Communication to Shareholders
Awaiting price reaction for this filing.
Allied Blenders and Distillers (ABDL) has informed shareholders about tax deduction at source (TDS) on its final dividend of Rs. 3.60 per equity share for FY 2024-25, declared by the Board on May 15, 2025. The record date for the dividend is June 27, 2025, and shareholders must submit required tax documents (PAN, Aadhaar, residential status, declarations) by June 20, 2025. TDS will be deducted at 10% for resident individuals with a valid PAN, 20% without PAN, and 20% plus applicable surcharge and cess for non-residents (or lower DTAA rates if eligible). Resident individuals can submit Form 15G or 15H to claim exemption if their total annual dividend does not exceed Rs. 10,000 or if they meet eligibility conditions.
This is a routine administrative communication and does not impact the stock price. Shareholders should ensure they submit the required documents before the June 20 deadline to avoid excess TDS deduction, as the company will not entertain revisions after the record date.