Indian Railway Catering And Tourism Corporation Limited — Important, 11-02-2025: General Updates

The Board of Directors has declared a second interim dividend of ₹3 per equity share for the financial year 2024-25. Shareholders on record as of February 20, 2025, will be entitled to receive this dividend, which will be paid within 30 days. The company will deduct Tax Deducted at Source (TDS) from the dividend payment according to current tax regulations. Resident shareholders may be exempt from TDS based on specific criteria, including submission of required documentation, while non-resident shareholders face a 20% TDS rate unless exempted by treaty approvals. Shareholders are encouraged to ensure their bank and tax details are updated to facilitate timely payment. This positive step may enhance investor perception and retention, fostering ongoing shareholder engagement.