Cummins India Limited has informed the Exchange about Copy of Newspaper Publication dated July 03, 2025 regarding intimation of deduction of tax at source on Final Dividend for FY 2024-25
CUMMINSIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Cummins India has informed the stock exchange about a newspaper advertisement published on July 3, 2025, notifying shareholders about the deduction of Tax at Source (TDS) on the final dividend for FY 2024-25. This is a routine regulatory compliance filing as required under the Income Tax Act, where companies must publish a notice in newspapers before paying dividends to inform investors about TDS applicability and rates. The final dividend had been recommended by the company's board and approved by shareholders. Shareholders with PAN/Aadhaar registered will have TDS deducted as per applicable slabs, while those eligible for non-deduction must submit the required forms.
This is purely a procedural disclosure and has no material impact on the stock price. Shareholders should ensure their PAN and bank details are updated with the company's Registrar and Transfer Agent to avoid higher TDS deduction, and submit Form 15G/15H if eligible for tax exemption.