Linc Limited has informed the Exchange regarding 'Communication for deduction of tax at source on Dividend'.
LINC · price
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Linc Limited has informed shareholders about the tax deducted at source (TDS) process on the dividend recommended for FY 2024-25. The Board had recommended a dividend of Rs. 1.50 per equity share (face value Rs. 5 each) at its meeting on 7th May 2025. The dividend will be paid after approval at the AGM scheduled on 23rd September 2025. The record date is 16th September 2025, and the Register of Members will be closed from 17th to 23rd September 2025. TDS at 10% applies for resident shareholders with valid PAN, 20% without PAN or if Aadhaar is not linked, and nil for those submitting valid Form 15G/15H. Non-resident shareholders face 20% TDS plus surcharge/cess, which may be reduced under DTAA if proper documents are furnished.
This is a routine TDS communication with no change to the dividend amount. Shareholders must ensure their PAN, Aadhaar linkage, and bank details are updated by 16th September 2025 to avoid higher TDS deduction (20%) or withheld payments. No material impact on stock price expected.