Gandhar Oil Refinery (India) Limited has informed the Exchange regarding 'Communication to Shareholders-Intimation of Tax Deduction on Interim Dividend'.
GANDHAR · price
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Gandhar Oil Refinery has informed the stock exchange about a communication sent to shareholders regarding tax deduction at source (TDS) on the interim dividend. This is a standard regulatory disclosure explaining how TDS will be applied on dividend payouts as per income tax rules. Shareholders would have been informed about applicable TDS rates based on their PAN status and income slab. The communication helps shareholders understand the net amount they will receive after tax deduction.
This is a routine procedural filing with no material impact on the stock. Shareholders should review the TDS rates applicable to them to understand the net dividend amount they will receive in their bank accounts.