Intimation regarding Tax Deduction at Source (TDS) on final dividend proposed
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VA Tech Wabag has informed shareholders about tax deduction at source (TDS) on its proposed final dividend of INR 4.00 per share (200% on face value of INR 2) for FY 2024-25. The record date is fixed as Tuesday, August 5, 2025, with the AGM scheduled for August 12, 2025 and dividend payment on or before September 10, 2025. TDS will be deducted at 10% for resident shareholders with valid PAN on dividend exceeding INR 10,000, and at 20% if PAN is missing or not linked with Aadhaar. Non-resident shareholders can avail DTAA treaty benefits or 20% (plus surcharge and cess), whichever is lower, subject to document submission by August 6, 2025. Shareholders below the tax threshold can submit Form 15G/15H to avoid TDS, while non-compliant PAN/KYC holders may face withheld dividend payments per SEBI norms.
This is a routine tax-compliance communication ahead of the final dividend payout and does not change the dividend amount. Shareholders need to ensure PAN is linked with Aadhaar and submit 15G/15H or treaty documents by August 6, 2025 to avoid excess tax deduction or payment delays.