Please find enclosed a specimen of the e‐mail which has been sent to the shareholders today, viz. June 30, 2025, whose email addresses are registered with their Depository / Registrar and Share Transfer Agent.
HEROMOTOCO · price
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Hero MotoCorp has sent an email to shareholders informing them about the applicable Tax Deducted at Source (TDS) provisions on the final dividend for FY 2024-25. The Board had recommended a final dividend of Rs. 65 per equity share (3250%) on a face value of Rs. 2 at its meeting on May 13, 2025, subject to shareholder approval at the upcoming AGM. TDS will be deducted at 10% for resident shareholders with valid PAN, 20% without PAN or if Aadhaar is not linked, and at applicable rates (20% or as per DTAA) for non-resident shareholders and FPIs/FIIs. Shareholders need to submit relevant forms and documents (15G/15H, self-declarations) to the RTA KFin Technologies by July 18, 2025, to claim nil or lower TDS. Dividend payments will be withheld for shareholders with incomplete KYC details.
This is a routine procedural communication and does not directly affect the stock price. It confirms the previously announced Rs. 65 per share final dividend and reminds shareholders of their tax obligations and documentation deadlines to avoid higher TDS deduction.