Punjab Chemicals & Crop Protection Limited has informed the Exchange about Communication to Shareholders - Deduction of Tax at Source on dividend
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Awaiting price reaction for this filing.
The company has sent a standard communication to shareholders explaining how tax will be deducted at source (TDS) on the final dividend of Rs. 3.00 per equity share (30% on face value of Rs. 10) recommended for FY 2024-25. The record date for eligibility is July 18, 2025, subject to shareholder approval at the upcoming AGM. Shareholders must submit TDS-related documents (PAN, Aadhaar linkage, Form 15G/15H where applicable, TRC for non-residents) to the Registrar by July 11, 2025. TDS will be deducted at 10% for resident shareholders with valid PAN, 20% for those without PAN or with unlinked Aadhaar, and 20% (plus surcharge/cess) for non-resident shareholders unless lower treaty rates apply.
This is a routine tax-compliance communication and does not change the dividend amount. Shareholders should ensure their PAN is linked with Aadhaar and submit the required forms before July 11, 2025, to avoid a higher 20% TDS deduction. No material impact on the stock price is expected from this filing.