Bharat Forge Limited — Important, 13-02-2025: Updates

Bharat Forge has declared an interim dividend of ₹2.50 per equity share (125%) for the financial year 2024-25. This move is expected to enhance shareholder value and reflects the company's strong performance. Shareholders are advised that tax will be deducted at source (TDS) from dividend payments, varying based on the shareholder's residency status and provided documentation. Individuals and non-individuals must submit relevant forms to potentially exempt or reduce TDS withholding. Those without valid PAN may face higher deduction rates. Additionally, shareholders are encouraged to ensure their PAN and bank details are updated to facilitate timely payments. This proactive approach reflects Bharat Forge's commitment to shareholder transparency and compliance with tax regulations. Investors should watch closely for developments regarding dividend payout and updates to shareholder services.