Communication to shareholders - Intimation on Tax Deduction on Interim Dividend is attached.
Awaiting price reaction for this filing.
Aegis Logistics has informed shareholders about tax deduction at source (TDS) on the interim dividend declared by the Board on June 19, 2025. The dividend is Rs. 2 per equity share (200% on face value of Re. 1) for FY 2025-26, with the record date set as Wednesday, June 25, 2025. Resident shareholders with a valid PAN will face 10% TDS, while non-residents will face 20% (plus surcharge and cess) or a lower treaty rate if proper documents are submitted. Shareholders must submit required documents (PAN, Form 15G/15H, TRC, etc.) on or before June 25, 2025, to claim exemptions or lower TDS rates. No documents will be accepted after 11:59 PM IST on the record date.
This is a routine TDS compliance communication following the dividend declaration, so it has no direct impact on the stock price. Shareholders should ensure they submit the right documents before June 25, 2025, to avoid higher TDS deduction (20% instead of 10% for residents without valid PAN).