Laurus Labs Limited has informed the Exchange about Copy of Newspaper Publication
LAURUSLABS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Laurus Labs has submitted copies of newspaper advertisements published on May 9, 2025 in Business Standard (English) and Prajasakti (Telugu) to the stock exchanges. The first notice informs shareholders that TDS will be deducted on the 2nd Interim Dividend of Rs. 0.80 per share (face value Rs. 2) for FY 2024-25, with a record date of May 9, 2025. Resident shareholders face 10% TDS with PAN or 20% without PAN, while non-resident shareholders face 20% plus surcharge/cess or the applicable DTAA rate, with documents due by May 11, 2025. The second notice warns that unclaimed Final Dividend for FY 2017-18 and the corresponding equity shares will be transferred to the IEPF Authority as the seven-year period has lapsed. Shareholders have been individually notified and details are available on the company's website.
Shareholders must ensure their PAN and bank details are updated with depositories to avoid higher TDS. Those with unclaimed dividends from FY 2017-18 should act quickly to claim their shares and dividend before they are permanently transferred to the IEPF.