Maithan Alloys Limited — Important, 12-02-2025: Updates

The Board of Directors has declared an interim dividend of ₹3 per equity share (face value ₹10) for the financial year 2024-2025. The record date for determining eligible shareholders is set for February 19, 2025. The dividend will be subject to tax deduction at source (TDS), which varies by shareholder category. Non-resident shareholders will face a TDS rate of 20% unless applicable exemptions or tax treaty benefits are provided. Resident shareholders will see a TDS rate of 10%, except in specific cases where exemptions apply. Payments will be made electronically to shareholders' bank accounts, and all necessary documentation for TDS must be submitted by the record date. Shareholders are advised to ensure their bank details are updated to facilitate payment.