XCHANGINGNSEXchanging Solutions Limited· Computers - SoftwareLowNeutral
Announced Tue, 15 Jul · 22:49 IST

Xchanging Solutions Limited has informed the Exchange regarding 'Tax Deduction At Source ("TDS") On Final Dividend For The Financial Year Ended March 31, 2025'.

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Xchanging Solutions Limited has informed shareholders about the tax deduction rules applicable to the final dividend of INR 2 per equity share (20% on face value of INR 10) recommended for FY ending March 31, 2025, subject to AGM approval. The record date to identify eligible shareholders is Friday, July 11, 2025, and the dividend will be paid electronically. Shareholders must submit PAN, residential status, and other tax-related documents (such as Form 15G/15H or DTAA certificates) to the company's registrar KFintech by July 23, 2025, to avoid higher TDS deduction. No TDS will apply if total dividends received by a resident individual in FY 2025-26 do not exceed INR 10,000.

Likely market impact

This is a procedural/compliance communication and not new information for the stock. Shareholders who haven't submitted required tax documents by July 23 may face higher TDS deduction (up to 20%) on their dividend payouts, with refunds only available via income tax return filing.