Awaiting price reaction for this filing.
Dr. Reddy's Laboratories has published a newspaper advertisement in Business Standard and Nava Telangana regarding its 41st Annual General Meeting (AGM) scheduled for Thursday, July 24, 2025 at 11:00 a.m. IST, to be held via Video Conferencing. The Board has recommended a final dividend of Rs. 8/- per equity share (face value Rs. 1/- each) for FY 2024-25, subject to shareholder approval at the AGM. The record date for determining dividend entitlement is Thursday, July 10, 2025, and the dividend will be paid electronically on July 30, 2025 to shareholders with updated bank details. The notice also outlines Tax Deducted at Source (TDS) rules: 10% for resident shareholders with a valid PAN and 20% for those without PAN, with higher rates under Section 206AA where applicable. Non-resident shareholders can claim DTAA benefits by submitting required documents by June 25, 2025.
Eligible shareholders as of the July 10, 2025 record date will receive a Rs. 8 final dividend per share. Shareholders who have not updated PAN, bank account, and KYC details risk TDS being deducted at a higher rate and delays in receiving the dividend.