CRIZACNSECrizac LimitedLowNeutral
Announced Fri, 30 Jan · 15:52 IST

Crizac Limited has informed the Exchange regarding 'Communication sent to the Shareholders of the Company regarding the Tax Deduction at Source on Dividend Payout'.

Corporate Actions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Crizac Limited has sent a communication to its shareholders informing them about the Tax Deduction at Source (TDS) provisions applicable on the upcoming dividend payout. This is a routine regulatory filing required before any dividend is distributed, explaining how tax will be withheld at source based on shareholder category and applicable rates. No specific dividend amount, rate, or yield has been disclosed in this announcement. Shareholders are advised to review the detailed communication for tax-related implications on their dividend income.

Likely market impact

This is a procedural tax compliance communication with no direct impact on stock price. Shareholders should review the TDS rates applicable to their category, as the net dividend received will be lower than the declared amount after tax withholding.