Letter to shareholder holding physical securities of AGM, TDS Intimation and KYC update
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WSFx Global Pay has sent a letter to physical shareholders providing a web link to download the Notice of the 38th Annual General Meeting (AGM) and the Annual Report for FY2024-25. The AGM is scheduled for Wednesday, September 24, 2025 at 3:30 p.m. via video conference. The Board, at its May 27, 2025 meeting, has recommended a dividend of Rs. 1.50 per equity share (15%) on a face value of Rs. 10, subject to shareholder approval at the AGM. The company has informed shareholders that TDS will be deducted on dividends as per the Income-tax Act, 1961, though no tax will apply to resident individuals whose total FY2024-25 dividend does not exceed Rs. 5,000. Shareholders have also been asked to update their email, PAN, mobile, bank details and signature by submitting Form ISR-1 and ISR-2 to the RTA, Bigshare Services.
Routine SEBI compliance filing with no material business impact. Confirms the upcoming AGM and a modest dividend payout of Rs. 1.50 per share, pending shareholder approval.