PFA intimation wrt communication to shareholders
Awaiting price reaction for this filing.
Nuvama Wealth Management has informed the stock exchanges that it sent an email communication dated May 28, 2025 to all equity shareholders whose email IDs are registered with the company or depositories. The email covers the Tax Deducted at Source (TDS) and Withholding Tax provisions applicable on the interim dividend declared by the company for the financial year 2025-26. The filing has been made under SEBI's Listing Obligations and Disclosure Requirements Regulation 30, confirming the company has fulfilled its communication obligation to shareholders regarding dividend taxation.
This is a routine compliance filing confirming shareholders have been informed about TDS on the interim dividend. No new financial information or change in dividend amount is disclosed here, so no direct impact on stock price is expected. Shareholders should check their registered email for TDS-related details and ensure their PAN and other tax documents are updated to avoid higher tax deduction.