Hind Rectifiers Limited has informed the Exchange regarding 'Communication to the shareholders w.r.t. TDS on the Dividend '.
HIRECT · price
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Hind Rectifiers Limited has informed the exchange about TDS communication sent to shareholders regarding the final dividend for FY 2024-25. The dividend of Rs. 2.00 per equity share (on face value of Rs. 2 each) was approved at the 67th Annual General Meeting held on July 29, 2025. The record date for eligibility was Tuesday, July 22, 2025, and the dividend was credited directly to shareholders' bank accounts on August 4, 2025 via NACH. No TDS will be deducted from resident individual shareholders if their total dividend during FY 2025-26 does not exceed Rs. 10,000. Higher TDS rates under Section 206AA will apply if PAN is not available or declarations are not provided.
This is a routine tax-compliance communication and not a new corporate action. Shareholders should verify the dividend credit and TDS deduction in their bank accounts. No material impact on the stock price is expected from this filing.