Trident Limited has informed the exchange about Email Communication to Shareholders - TDS on Dividend

Trident Limited has shared an email communication with shareholders explaining how Tax Deducted at Source (TDS) will apply on dividends, in line with the Income-tax Act. Resident shareholders will have 10% TDS deducted (rising to 20% if PAN is not provided), while non-resident shareholders will face 20% TDS, unless they qualify for a lower rate under a Double Tax Avoidance Agreement. Categories such as mutual funds, insurance companies, sovereign wealth funds, and certain government bodies can claim NIL TDS by submitting supporting documents. Shareholders have been asked to submit the required documents by May 26, 2025, and to update their KYC details (PAN, bank account, nomination, contact info) with the registrar KFin Technologies to avoid any withholding of dividend payments.