Agi Greenpac Ltd: Dividend Tax Deduction Communication to Shareholders
Agi Greenpac Ltd has communicated to its shareholders regarding the deduction of Tax at Source (TDS) on the final dividend for the financial year 2025-26. The dividend, recommended at ₹7 per equity share, is subject to member approval at the 66th AGM on September 22, 2026. The company will deduct TDS at prescribed rates as per the Income Tax Act, 2025, as amended. Shareholders are urged to update their KYC details, including PAN, bank information, and nomination, with the Registrar and Transfer Agents to avoid dividend withholding. For resident individuals, no TDS will be deducted if the aggregate dividend does not exceed ₹10,000; otherwise, a 10% TDS applies if PAN is valid and the amount exceeds ₹10,000.
Key Highlights
- Communication issued on TDS on final dividend for FY 2025-26.
- Dividend of ₹7 per share recommended, subject to AGM approval.
- Shareholders must update KYC details to avoid dividend withholding.
- TDS rates apply based on PAN validity and dividend amount.
- No TDS for resident individuals below ₹10,000 dividend.
Price Impact
More from AGI