NRB Bearing Limited has informed the Exchange regarding 'Communication to shareholders - Tax Deduction on Dividend payout'.
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NRB Bearing Limited has informed shareholders about the tax deduction process on its final dividend of Rs 4.30 per equity share (on face value of Rs 2) for FY25, as recommended by the Board on May 14, 2025. The record date is fixed for September 4, 2025, and the AGM is scheduled for September 11, 2025. Shareholders need to submit relevant TDS-related documents and declarations (like Form 15G/15H, PAN details, TRC for non-residents) by August 22, 2025. TDS rates range from nil (for eligible exempt categories) to 20-30% depending on shareholder category and PAN availability.
This is a routine TDS communication and does not change the dividend itself. Shareholders should ensure KYC and PAN details are updated and submit necessary forms by August 22 to avoid higher TDS deduction; the dividend remains subject to AGM approval.