Communication to Shareholders - Deduction of Tax at Source on Dividend
GANESHHOU · price
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Ganesh Housing Limited has informed shareholders about the tax deducted at source (TDS) rules applicable to its final dividend of Rs. 5 per equity share (face value Rs. 10) for FY ending March 31, 2025, recommended by the Board on May 14, 2025. The dividend will be declared at the AGM on September 8, 2025, paid on or before October 7, 2025, with the record date set for August 29, 2025. For resident shareholders, TDS will be deducted at 10% if PAN is provided, or 20% if PAN is absent, invalid, or not linked with Aadhaar; those with income below taxable limit can submit Form 15G/15H to claim exemption. Non-resident shareholders will face 20% TDS (plus surcharge and cess), with lower rates possible under tax treaties subject to documentation. Shareholders must submit all tax-related documents via email to dividend@ganeshhousing.com by August 29, 2025.
This is a routine compliance communication and not new news for the stock. Shareholders should ensure PAN-Aadhaar linking and submit exemption forms (15G/15H) by August 29, 2025 to avoid excess TDS deduction. The Rs. 5 dividend (50% of face value) confirms an ongoing shareholder payout from the company's FY25 earnings.