ROUTE MOBILE LIMITED has informed the Exchange regarding 'Communication to Shareholders - Intimation on Tax Deduction on 1st Interim Dividend'.
ROUTE · price
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Route Mobile Limited has sent shareholders a detailed communication explaining the Tax Deduction at Source (TDS) rules for its 1st Interim Dividend for FY 2025-26. The Board had declared an interim dividend of ₹3 per equity share (30% on face value of ₹10) on July 17, 2025, with the record date set as Wednesday, July 23, 2025, and payment to be made on or before August 8, 2025. The notice explains TDS rates of 10% for resident shareholders with a valid PAN and 20% if PAN is missing, invalid, or not linked with Aadhaar. Non-resident shareholders will face 20% TDS (plus surcharge and cess) or the applicable tax treaty rate, subject to proper documentation. Shareholders seeking a lower or nil TDS rate must submit Form 15G/15H or relevant certificates through KFin Technologies by 5:00 PM on July 23, 2025.
This is a procedural tax-related communication and does not alter the dividend announcement already made on July 17, 2025. Shareholders should ensure their PAN and KYC details are updated before the record date to avoid higher TDS deduction, but no material change to the company's fundamentals or the stock price is expected.