Communication to Shareholders- Intimation on Tax Deduction on Dividend
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ZR2 Bioenergy has informed shareholders about the tax deduction provisions applicable on the dividend of Rs. 0.10 per share (10%) on a face value of Rs. 1, recommended by the Board on September 3, 2025 for FY2024-25 and subject to approval at the upcoming AGM. The company will deduct TDS at 10% for resident shareholders (with valid PAN), 20% if PAN is not provided or is inoperative, and 20% (plus surcharge and cess) for non-resident shareholders, with DTAA benefits available on submission of documents. Shareholders must submit required forms (15G/15H for residents, 10F and TRC for non-residents) by September 28, 2025 to avoid higher tax deduction. The communication also covers bank account and KYC updates needed to receive the dividend smoothly.
This is a procedural tax compliance update for shareholders and does not change the dividend amount itself. Retail shareholders with dividend income below Rs. 10,000 or those submitting valid Form 15G/H will pay no TDS; others should expect an automatic 10% deduction on their dividend payout.