JK Cement Limited has informed the Exchange regarding 'Intimation of tax deduction on dividend-sent to shareholders'.
JKCEMENT · price
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JK Cement has informed shareholders about the tax deduction at source (TDS) applicable on the final dividend of Rs 1.50 per equity share (face value Rs 10) for FY2024-25, recommended by the Board on 24th May 2025. The dividend, if approved at the 31st AGM on 18th July 2025, will be paid from 21st July 2025, with 8th July 2025 as the record date. TDS will be deducted at 10% for resident shareholders with a valid Aadhaar-linked PAN and at 20% (twice the normal rate) for those without one. Non-resident shareholders will face 20% TDS or the applicable tax treaty rate, whichever is lower, provided the required documents are submitted.
This is a routine TDS compliance intimation with no impact on the stock price. Shareholders should ensure their PAN is Aadhaar-linked and submit any required exemption forms to the RTA (NDML) by 8th July 2025 to avoid higher TDS deduction on their dividend payout.