JK Cement Limited has informed the Exchange about Tax Deduction on Dividend
JKCEMENT · price
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JK Cement has informed shareholders about the tax deduction provisions applicable to the final dividend of Rs 15 per equity share (on face value Rs 10) recommended for FY 2024-25, subject to approval at the 31st AGM on 18 July 2025. The dividend, if approved, will be paid from 21 July 2025, with a record date of 8 July 2025. TDS will be deducted at 10% for resident shareholders with valid PAN, 20% for those without PAN, and 20% (plus surcharge and cess) or applicable tax treaty rate (whichever is lower) for non-resident shareholders. No TDS applies to individual shareholders whose total dividend does not exceed Rs 10,000 or who submit Form 15G/15H, and to insurance companies, mutual funds, and domestic AIFs with valid documents. Shareholders seeking tax treaty benefits must submit required documents to the RTA (NDML) by 8 July 2025.
This is a routine compliance communication confirming the dividend payout and TDS mechanism. Shareholders should ensure PAN, Aadhaar linkage, and tax exemption forms are updated with their depository or the RTA before 8 July 2025 to avoid higher TDS deduction. The final dividend of Rs 15 per share is positive for shareholders, indicating consistent returns from the company.