Skipper Limited has informed the Exchange about General Updates
SKIPPER · price
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Skipper Limited has informed shareholders about the tax deduction at source (TDS) provisions applicable on the dividend declared for FY 2024-25. The Board, at its meeting on 30th April 2025, recommended a dividend of ₹0.10 per equity share of ₹1 face value (fully paid up) and ₹0.025 per share of ₹0.25 face value (partly paid up). The Annual General Meeting is scheduled for 23rd September 2025, with 16th September 2025 as the record date. For resident shareholders, TDS will be nil if total dividend does not exceed ₹10,000 in a financial year, 10% with valid PAN, and 20% without PAN or if Aadhaar is not linked with PAN. Non-resident shareholders face 20% TDS plus surcharge and cess, which may be reduced under applicable Double Tax Avoidance Agreements if proper documentation is provided.
This is a routine regulatory communication and does not affect the company's business fundamentals or stock price. Shareholders should submit the required tax documents (PAN, Form 15G/15H, Form 10F, TRC, etc.) through the RTA portal by 16th September 2025 to avoid higher TDS deductions and claim any applicable exemptions or lower tax rates.