Vedant Fashions Limited has informed the Exchange regarding Intimation under Regulation 30 for email sent to shareholders for deduction of TDS on dividend.
MANYAVAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vedant Fashions (Manyavar) has informed the exchange that it sent an email to shareholders explaining the tax deduction process on the final dividend of ₹8.00 per equity share (800% on face value of ₹1) for FY 2024-25. The Board recommended this dividend on May 6, 2025, and shareholders will approve it at the AGM on September 4, 2025. The record date is fixed for August 28, 2025. The email outlines TDS rates for resident (10% standard, 20% if PAN missing) and non-resident shareholders, plus required forms (15G/15H, tax treaty documents, etc.) to be submitted to the RTA KFin Technologies by August 29, 2025. Shareholders must update PAN, KYC, and bank details to receive the dividend directly in their bank account.
This is a routine compliance communication, not a new event — the dividend itself was already announced in May 2025. Shareholders on the record date (Aug 28) will receive ₹8/share net of applicable TDS within 30 days of AGM approval. No fresh action is needed by investors already holding shares in demat form with valid PAN and bank details.