Quess Corp Limited has informed the Exchange regarding 'Communication to the shareholders w.r.t. the deduction of tax at source on the final dividend declared for FY 2024-25'.
QUESS · price
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Quess Corp has informed the exchange that it has sent a communication to shareholders about tax deduction at source (TDS) on the final dividend declared for FY 2024-25. The Board had declared a final dividend of Rs. 6 per equity share (60% on face value of Rs. 10) at its meeting on May 19, 2025. The record date for determining entitlement is August 8, 2025, and the dividend will be paid within 30 days of the AGM. TDS will be deducted at 10% for resident shareholders with a valid PAN and at 20% for those without PAN or with an inoperative PAN. Shareholders must submit required documents such as PAN, Form 15G/15H, or tax residency certificates on the RTA portal by August 8, 2025, 5:00 PM IST.
This is a routine procedural filing with no material impact on the stock price. Shareholders should ensure their PAN is linked with Aadhaar and KYC details are updated to avoid higher TDS deduction of 20%.