IFGLEXPORNSEIFGL Refractories LimitedMinimalNeutral
Announced Thu, 8 May · 19:31 IST

IFGL Refractories Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 '.

IFGLEXPOR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

IFGL Refractories has informed shareholders about the TDS provisions applicable on its recently declared interim dividend of Rs. 6 per share (60% on face value of Rs. 10) for FY 2024-25. The dividend was approved by the Board on 7th May 2025, with 13th May 2025 set as the record date. For resident shareholders, TDS will be deducted at 10% if PAN is registered, and at 20% if PAN is not available. Non-resident shareholders will face TDS at 20% plus applicable surcharge and cess, or the lower tax treaty rate, subject to submission of required documents. Shareholders must submit tax-related documents (Form 15G/15H, PAN, TRC, self-declarations, etc.) by 13th May 2025 to claim reduced or zero TDS. Shareholders with physical shares are also reminded to update PAN, bank, and other KYC details to receive dividends electronically.

Likely market impact

Shareholders should ensure they submit the required tax exemption documents before 13th May 2025 to avoid higher TDS deduction. Failure to provide documents will result in higher tax being withheld, though refunds can be claimed later while filing returns. The interim dividend itself is positive for shareholders, signalling healthy cash generation by the company.