Home First Finance Company India Limited has informed the Exchange regarding 'Communication to Shareholders - Intimation of Tax Deduction on Dividend'.
HOMEFIRST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Home First Finance Company India Limited has informed shareholders about the tax deduction process on its recommended dividend of Rs. 3.70 per equity share (face value Rs. 2, i.e. 185% of face value) for FY25, subject to AGM approval on June 25, 2025. The record date has been set as Friday, May 30, 2025, and shareholders must submit TDS-related documents (such as Form 15G/15H, PAN, TRC, Form 10F for non-residents) by June 10, 2025 to claim applicable exemptions or lower tax rates. TDS will be deducted at 10% for resident shareholders with valid PAN, 20% for those without PAN or with PAN not linked to Aadhaar, and 20% (plus surcharge/cess) for non-resident shareholders unless DTAA benefits apply.
This is a routine compliance communication and does not change the dividend amount. Shareholders should ensure their PAN is linked with Aadhaar and submit required documents before the June 10, 2025 deadline to avoid higher TDS deduction of 20% instead of the standard 10%.