GHCL Limited has informed the Exchange regarding 'Communication to shareholder for TDS on dividend'.
GHCL · price
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GHCL Limited has informed shareholders about the tax deduction process applicable to the dividend recommended by the Board. The Board, at its May 8, 2025 meeting, recommended a dividend of Rs. 12.00 per equity share (120% on paid-up capital) for FY 2024-25, subject to shareholder approval at the AGM on July 24, 2025. The record date for eligibility is July 17, 2025. The company has emailed shareholders explaining TDS rates: 10% for resident shareholders with valid PAN, 20% without PAN or for non-residents/FPI/FII, and NIL for those submitting valid Form 15G/15H or having aggregate dividend income up to Rs. 10,000. Shareholders must submit required documents (PAN, Form 15G/15H, TRC, Form 10F, etc.) to the RTA by July 17, 2025.
This is a routine TDS communication confirming GHCL's healthy Rs. 12/share dividend for FY25. Shareholders need to ensure they submit the correct tax exemption documents before the July 17, 2025 record date to avoid higher TDS deduction. The dividend payment signals continued shareholder returns from the company.