EIH Limited has informed the Exchange about General Updates
EIHOTEL · price
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EIH Limited has informed shareholders about the tax deduction process on the recommended dividend of Rs. 1.5 per equity share (face value Rs. 2) for FY 2024-25, approved by the Board on 20th May 2025 and subject to shareholder approval at the AGM on 6th August 2025. For resident shareholders with a valid PAN, TDS will be deducted at 10%; without PAN or if PAN is not linked with Aadhaar, the rate rises to 20%. Resident individuals with total FY26 dividend income up to Rs. 10,000, or those submitting valid Form 15G/15H, will face no tax deduction. Non-resident shareholders can either be taxed at 20% under domestic law or avail DTAA benefits by submitting TRC, PAN, and Form 10F, subject to company review. Shareholders must submit all required tax exemption documents to the RTA (MUFG Intime India) by 31st July 2025; late submissions will not be accepted.
This is a routine procedural disclosure with no impact on the stock price. Shareholders should review the TDS rates, submit exemption forms (15G/15H) if eligible, and ensure PAN is linked with Aadhaar to avoid higher 20% tax deduction. The Rs. 1.5 dividend (yielding 75% on face value) remains subject to AGM approval on 6th August 2025.