India Shelter Finance Corporation Limited has informed the Exchange about General Updates
INDIASHLTR · price
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India Shelter Finance Corporation has sent a communication to shareholders regarding Tax Deduction at Source (TDS) on the final dividend for FY 2024-25. The Board had earlier recommended a final dividend of Rs. 5 per equity share on May 9, 2025, which is pending approval at the AGM on July 28, 2025. The record date is Friday, July 4, 2025, and the dividend will be paid on or before August 27, 2025. For resident shareholders with a valid PAN, TDS will be deducted at 10%; without PAN or Aadhaar linkage, the rate jumps to 20%. Shareholders seeking nil or lower TDS must submit Form 15G/15H or relevant certificates by July 11, 2025, via the RTA portal.
This is a procedural tax-related communication rather than new news — the dividend declaration was already made on May 9. Shareholders should ensure their PAN is linked with Aadhaar and submit exemption documents by July 11 to avoid the higher 20% TDS. No immediate material impact on stock price is expected.