Communication To Shareholders- Intimation Of Tax Deduction At Source On Dividend
JYOTHYLAB · price
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Jyothy Labs has informed shareholders about the tax deduction process on the final dividend of Rs. 3.5 per share (350% on face value of Re. 1) recommended by the Board on May 12, 2025 for FY 2024-25, subject to AGM approval. Standard TDS of 10% applies to resident shareholders, which rises to 20% if PAN is missing or not linked with Aadhaar; non-residents face 20% or applicable tax treaty rate. Shareholders can avoid TDS by submitting Form 15G (individuals) or Form 15H (senior citizens), provided they meet eligibility conditions. Required declarations and forms must be submitted to the registrar (MUFG Intime) by August 20, 2025. The company has also reminded physical shareholders to update PAN, KYC, bank details and nomination, as no physical dividend warrants will be issued.
This is a routine regulatory communication, not a new corporate event. Shareholders eligible for nil or lower TDS should submit the relevant forms before the August 20, 2025 deadline to avoid excess tax deduction. No direct impact on stock price is expected from this filing.