HEG Limited has informed the Exchange about Email communication to shareholders regarding amendment in taxation provisions relating to Dividend
HEG · price
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HEG Limited has announced a final dividend of Rs. 3.40 per equity share (170% on face value of Rs. 2 each) for FY 2025-26, subject to shareholder approval at the 54th AGM. The company will deduct TDS (Tax Deducted at Source) on the dividend payment as per the Income-tax Act, 2025. For resident individual shareholders with dividend not exceeding Rs. 10,000 in the tax year, no TDS will be deducted. Shareholders must submit required documents (PAN, Form 121 declarations, etc.) to the company by June 19, 2026 to claim lower TDS rates. Non-linking of PAN with Aadhaar will result in higher 20% TDS deduction.
This is a routine dividend TDS notification with no material impact on the stock. Shareholders should ensure their PAN is linked with Aadhaar and submit required documents before the June 19, 2026 deadline to avoid higher tax deductions.