UNO Minda Limited has informed the Exchange regarding communication sent to the shareholders of the Company regarding deduction of tax at source on dividend
UNOMINDA · price
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Awaiting price reaction for this filing.
UNO Minda has sent shareholders a standard communication explaining how tax will be deducted at source on the final dividend of Rs. 1.50 per share (75% on face value of Rs. 2) declared for FY25, which was recommended by the Board on May 21, 2025. The record date for eligibility is Friday, May 30, 2025, and the dividend awaits shareholder approval at the upcoming AGM. The communication outlines TDS rates: 10% for resident shareholders with valid PAN (20% without PAN), nil TDS for resident individuals with dividend up to Rs. 10,000, and 20% plus surcharge and cess for non-resident shareholders unless lower treaty rates apply. Shareholders are asked to submit relevant forms (15G, 15H, 10F, declarations) by June 10, 2025 to determine the applicable withholding rate.
This is a routine procedural filing that follows the earlier dividend declaration and does not change the dividend amount itself. Shareholders should ensure their PAN, bank details, and email are updated with the company/RTA to receive the dividend on time and avoid higher TDS deduction. No new corporate action or price-moving information is being introduced.