Dhunseri Investments Limited has informed the Exchange about the Communication to Members of the Company on Deduction of Tax at Source on Dividend payable for Financial Year 2024-25.
DHUNINV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Dhunseri Investments has informed shareholders about the TDS provisions applicable on the final dividend of Rs. 3.00 per equity share (face value Rs. 10) recommended for FY 2024-25. The dividend, declared by the Board on 20th May 2025, is subject to shareholder approval at the AGM scheduled for 14th August 2025. The record date is 7th August 2025, with the register of members and share transfer books closed from 8th to 14th August 2025. For resident individuals, TDS is nil up to Rs. 10,000 in aggregate, 10% if PAN is provided, and 20% without PAN or if PAN-Aadhaar is not linked. Non-resident shareholders will face 20% TDS (plus surcharge and cess), with DTAA benefits available subject to documentation. Physical shareholders must update KYC details (PAN, nomination, bank account) with the RTA by 7th August 2025, failing which dividends will be withheld.
Shareholders will receive dividend net of applicable TDS; physical share holders risk having their dividend withheld if KYC is not completed by 7th August 2025. At Rs. 3 per share on a Rs. 10 face value, the dividend yield is moderate, and failure to link PAN with Aadhaar or provide a valid PAN will result in a higher 20% deduction.