Northern Spirits Ltd: TDS Communication on Dividend Sent to Shareholders

Northern Spirits Ltd has informed shareholders about the Tax Deduction at Source (TDS) on dividend payouts. The company is required to deduct tax as per the Income Tax Act, 1961. A communication detailing TDS rates and annexures has been sent to shareholders with registered email IDs. The Board recommended a dividend of ₹0.35 per equity share for FY26, pending AGM approval on September 23, 2026. The Register of Members will close from September 17-23, 2026. Shareholders are urged to update KYC details, including PAN and bank information, to avoid dividend withholding, especially for those holding shares in physical form. SEBI mandates electronic dividend payments from April 1, 2024.