Thomas Cook (India) Limited has informed the Exchange regarding 'Communication to Shareholders - Intimation on Tax Deduction on Dividend'.
THOMASCOOK · price
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Thomas Cook (India) has informed shareholders about the tax deduction process applicable to the dividend of Rs. 0.45 per equity share (face value Rs. 1) recommended by the Board for FY 2024-25, pending approval at the 48th AGM on September 3, 2025. For resident shareholders with a valid PAN, TDS will be deducted at 10% under Section 194; without a valid PAN or if PAN is not linked with Aadhaar, the rate rises to 20%. Resident individuals with total dividend income not exceeding Rs. 10,000 in FY 2025-26, or those submitting Form 15G/15H, will not have tax deducted. Non-resident shareholders will face a default TDS of 20% (plus surcharge and cess), though lower rates may apply if they submit the required documents (PAN, TRC, Form 10F, self-declaration) to claim DTAA benefits.
Shareholders should ensure their PAN is linked with Aadhaar and submit the relevant tax exemption documents (Form 15G/15H for residents, TRC/Form 10F for non-residents) by August 21, 2025 to avoid excess TDS deduction. This is a routine procedural filing and does not change the underlying dividend amount; share price impact is expected to be neutral.