Delta Corp Limited has informed the Exchange regarding 'Intimation on TDS deduction'.
DELTACORP · price
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Delta Corp has informed the exchanges about a communication sent to shareholders explaining how Tax Deducted at Source (TDS) will be applied to the final dividend of Re. 1.25 per equity share (face value Re. 1) for FY 2024-25, recommended by the Board on 22nd April 2025. The dividend is subject to shareholder approval at the AGM scheduled for 11th September 2025, with the record date set as 8th August 2025. For resident shareholders with a valid PAN, TDS will be deducted at 10%, while no TDS applies if total dividends in a financial year do not exceed ₹10,000; non-resident shareholders face 20% TDS (30% if from a notified jurisdictional area) with DTAA benefits available. Shareholders must submit required documents (Form 15G/15H, PAN, TRC, Form 10F, etc.) by 27th August 2025 to avoid higher tax deduction.
This is a routine tax-compliance communication ahead of the dividend payout and does not signal any change in business or dividend policy. Shareholders should ensure their PAN, bank, and email details are updated, and submit the relevant tax forms before the 27th August deadline to avoid excess TDS being withheld.