Trent Limited has informed the Exchange about Communication to shareholders Intimation about Tax Deduction at Source on dividend
TRENT · price
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Trent Limited has informed shareholders about the tax deduction rules that will apply to the recently recommended dividend of Rs. 5 per share (500%) for FY ending March 2025, subject to approval at the AGM on 3rd July 2025. For resident shareholders, TDS will be 10% if PAN is provided and 20% if not; small investors receiving up to Rs. 10,000 in total dividends or those submitting valid Form 15G/15H will face no deduction. Non-resident shareholders will generally face 20% TDS plus surcharge and cess, but can claim lower rates under Double Tax Avoidance Treaties by submitting documents like Tax Residency Certificate and Form 10F. Shareholders must submit all required tax-related documents to the company's registrar by 5th June 2025 to ensure the correct TDS rate is applied; missing this deadline means no changes will be accepted later.
This is a routine procedural compliance filing following the dividend recommendation on 29th April 2025, and is not expected to move the stock price. Shareholders, especially non-residents and those holding large positions, should review the TDS rates and submit any required exemption documents before the 5th June 2025 deadline to avoid excess tax deduction on their dividend income.