Donear Industries Limited has informed the Exchange about General Updates
DONEAR · price
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Donear Industries has informed the stock exchanges that it has sent an email to shareholders detailing the tax deduction at source (TDS) process for its proposed final dividend of Rs. 0.20 per equity share (face value Rs. 2) for FY 2024-25, recommended by the Board on May 27, 2025. The dividend will be paid within 30 days of approval at the 39th Annual General Meeting. Resident shareholders with a valid PAN will face 10% TDS, while those without PAN or with PAN not linked to Aadhaar will face a higher 20% TDS. Dividends up to Rs. 10,000 per financial year are exempt for resident individuals, and eligible shareholders can submit Form 15G/15H (residents) or Form 10F and Tax Residency Certificate (non-residents) to claim lower or zero TDS.
This is a routine procedural filing, not a material price catalyst. Shareholders should review the TDS provisions and submit exemption forms (15G/15H) by September 15, 2025 if eligible, to avoid unnecessary tax deduction on what is a modest dividend payout.