Zensar Technologies Limited has informed the Exchange regarding 'Communication to Shareholders Intimation on Dividend taxation provisions'.
ZENSARTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Zensar Technologies has sent a formal communication to shareholders explaining the tax deduction at source (TDS) provisions applicable to the final dividend recommended by its Board on April 25, 2025. The Board has proposed a final dividend of ₹11.00 per share on a face value of ₹2 (550%) for FY25, subject to shareholder approval at the upcoming AGM. For resident shareholders, TDS will be deducted at 10% if PAN is valid, rising to 20% if PAN is missing, invalid, or not linked with Aadhaar; non-residents face a 20% withholding rate (plus surcharge and cess), with DTAA relief available on submission of required documents. Eligible resident individuals can claim exemption by submitting Form 15G/15H, provided total dividends in FY26 do not exceed ₹10,000. Shareholders must submit relevant tax forms and updated bank/PAN details to the RTA (KFin Technologies) by Monday, July 7, 2025, to ensure correct TDS deduction.
This is a procedural compliance filing confirming the ₹11/share final dividend and alerting shareholders to update PAN, Aadhaar, and bank details before July 7, 2025 to avoid excess TDS. No material change to the stock is expected; the announcement simply sets the tax framework for receiving the dividend.