SHILPAMED · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shilpa Medicare has sent a formal communication to shareholders explaining how Tax Deducted at Source (TDS) will apply on the final dividend of Rs. 1 per equity share (face value Rs. 1) recommended by the Board on August 13, 2025 for FY ending March 31, 2025. The record date is fixed as September 17, 2025, and the AGM is scheduled for September 23, 2025, with the dividend to be paid within 30 days of the AGM. Resident shareholders will face 10% TDS under Section 194, while non-resident shareholders will face 20% TDS (plus surcharge and cess) under Section 195/196D, unless they submit exemption documents. Shareholders must ensure their PAN, Aadhaar linkage, residential status, and bank details are updated with their depository by September 15, 2025, or risk higher tax deduction (up to 20%).
This is a routine tax-compliance filing, not a new dividend announcement. Shareholders should update PAN/Aadhaar and other details before September 15, 2025, to avoid higher TDS deduction. The Rs. 1 dividend on a Rs. 1 face value share translates to a small absolute payout relative to the market price, so expect minimal share-price reaction from this news.