PROTEANNSEProtean eGov Technologies LimitedHighPositive
Announced Thu, 14 Aug · 15:44 IST

Protean eGov Technologies Limited has informed the Exchange about email communication sent to shareholders for Tax Deduction at Source (TDS) / Withholding Tax on Final Dividend for FY 2024-25

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Protean eGov Technologies has sent an email to shareholders explaining the Tax Deduction at Source (TDS) rules on its final dividend of Rs. 10 per equity share (100% on face value of Rs. 10) declared for FY 2024-25. The record date for determining dividend eligibility is Friday, August 29, 2025, and the dividend will be paid within 30 days of the AGM, subject to shareholder approval. For resident shareholders, TDS will be deducted at 10% under Section 194, while non-residents will be taxed at 20% plus surcharge and cess (or beneficial DTAA rate if documents are furnished). Shareholders can avoid or reduce TDS by submitting forms like 15G/15H, PAN-Aadhaar linkage, or exemption certificates before the record date. This is a procedural, compliance-related communication with no change to the dividend amount already recommended by the Board on May 21, 2025.

Likely market impact

No new financial impact — this is an administrative TDS advisory, not a change in dividend. Shareholders should ensure PAN-Aadhaar linkage and submit relevant tax forms before August 29, 2025 to avoid higher TDS deduction (20% under Section 206AA).