DCW Limited has informed the Exchange about Communication to Shareholders - Intimation on Tax Deduction at Source (TDS) / withholding tax on Final Dividend for FY 2024-25
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DCW Limited has informed the exchange that it has sent a detailed email to shareholders explaining the tax deduction process on the Final Dividend of Rs. 0.10 per equity share (face value Rs. 2) recommended for FY 2024-25, subject to AGM approval. The dividend, declared by the Board on May 12, 2025, will be paid after deducting TDS at source: 10% for resident shareholders with PAN, 20% for those without PAN, and 20% (plus surcharge and cess) for non-resident shareholders, who can also opt for DTAA benefits if more favourable. Shareholders must submit required documents like PAN, Form 15G/15H, TRC, or Form 10F to the RTA (Bigshare Services) by 5:00 PM IST on September 18, 2025 to claim lower or zero TDS.
This is a standard tax compliance communication with no material impact on the stock price. Shareholders should ensure their PAN, bank, and email details are updated with their depository to receive the dividend smoothly and avoid higher TDS deduction.