Vinyl Chemicals (India) Limited has informed the Exchange regarding 'Communication to Shareholders Intimation on Tax Deduction on Dividend '.
VINYLINDIA · price
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Vinyl Chemicals (India) Limited has informed shareholders about the tax deduction process on the dividend recommended by the Board. The Board, at its meeting held on 5th May 2025, recommended a dividend of Rs. 7.00 per equity share (Re. 1 face value) for FY ended 31st March 2025. The record date for the dividend is 15th July 2025. For resident shareholders, TDS will be deducted at 10% if a valid PAN is provided, or 20% otherwise; exemptions are available for total dividends up to Rs. 10,000 or via valid Form 15G/15H. Non-resident shareholders can avail DTAA benefits subject to submission of required documents including PAN, Tax Residency Certificate, and Form 10F. Shareholders must submit all tax-related documents by 15th July 2025 to avoid higher TDS deduction.
This is a procedural communication accompanying the declared Rs. 7 per share dividend. Shareholders should ensure PAN, bank, and contact details are updated and submit any exemption documents (Form 15G/15H or DTAA paperwork) before 15th July 2025 to avoid higher tax deduction at source.