Indian Railway Catering And Tourism Corporation Limited has informed the Exchange about communication regarding Tax Deducted at Source (TDS) on Final Dividend for the Financial Year ended on March 31, 2025.
IRCTC · price
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IRCTC has informed the stock exchanges about the tax deducted at source (TDS) process for its final dividend of ₹1.00 per equity share (face value ₹2) recommended by the Board on May 28, 2025 for FY 2024-25. The Record Date for eligibility is Friday, August 22, 2025, and the book closure period runs from August 24 to August 30, 2025. The dividend will be paid within 30 days of the AGM, subject to shareholder approval. TDS will be deducted at 10% for resident shareholders under Section 194, 20% for non-resident shareholders, and higher rates if PAN is not provided or inoperative. Shareholders can avoid TDS by submitting Form 15G/15H (for individuals with no tax liability) or valid exemption documents (mutual funds, insurance companies, AIFs). The last date to submit tax-related documents is August 22, 2025.
This is a procedural TDS communication and does not change the dividend amount. Shareholders must update their bank details and submit required tax exemption documents by August 22, 2025 to avoid excess TDS deduction. No new information affecting stock price or shareholder value beyond confirming the previously recommended dividend.