Communication to Shareholders - Deduction of Tax at Source (''TDS'') on payment of dividend
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Spice Islands Industries has declared an interim dividend of Rs. 0.50 per equity share (face value Rs. 10) for FY 2025-26, approved at the Board meeting on 14th November 2025. The record date for eligibility is 21st November 2025, and shareholders have been notified about TDS provisions — 10% for resident shareholders, 20% for non-residents (plus surcharge/cess), and nil for resident individuals whose total dividend from the company does not exceed Rs. 10,000 in the financial year. Shareholders can submit Form 15G/15H or other exemption documents to claim nil or lower TDS, with the deadline set for 21st November 2025. The company has urged shareholders to update PAN, KYC, bank details, and other records with the RTA (MUFG Intime) to ensure smooth dividend credit.
This is a routine compliance communication tied to the recently declared interim dividend and does not signal any material change for shareholders. Investors should ensure their PAN and KYC details are updated with the RTA by the record date to avoid higher TDS deduction (20%) and to receive the dividend in electronic mode.