Crompton Greaves Consumer Electricals Limited has informed the Exchange about General Updates
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Crompton Greaves Consumer Electricals has informed shareholders about the tax deduction process on its final dividend for FY 2024-25. The Board has recommended a final dividend of Rs. 3 per equity share (face value Rs. 2), subject to shareholder approval at the AGM on August 8, 2025. The record date to determine eligibility is July 24, 2025, with payment to be made on or after August 8, 2025 within 30 days. The filing explains TDS rates for resident shareholders (10% under Section 194, with nil TDS for shareholders submitting Form 15G/15H) and non-resident shareholders (20% plus surcharge and cess, or beneficial DTAA rate). Shareholders must submit required documents by July 13, 2025 to avoid higher TDS deduction.
This is a routine procedural filing and not a new corporate action. Shareholders should ensure their PAN, bank details, and tax-related documents are updated by July 13, 2025 to avoid higher TDS. Eligible investors can submit Form 15G/15H to receive the Rs. 3 per share dividend without tax deduction.