Announced Fri, 3 Jul · 16:38 IST
Tax Deduction Note on Dividend Sent to Shareholders
Corporate Actions View source PDF
HAPPSTMNDS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.1%1-day move
₹349.30
prior close
₹350.95
base price
After-mkt
timing
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AI summary
Happiest Minds has informed the exchange that it sent a communication to shareholders on July 03, 2026, regarding tax deduction at source (TDS) on dividend income. As per the Income Tax Act, 2025, dividends are taxable in shareholders' hands. The note explains TDS rates, withholding process, and required annexures. No new dividend, change in amount, or record date revision is announced.
Likely market impact
Routine procedural update. No change to dividend amount or timing. Shareholders should check TDS rates applicable to their tax bracket.