Kirloskar Industries Limited — Important, 11-02-2025: Updates

Kirloskar Ferrous Industries Limited, a material subsidiary of Kirloskar Industries, has declared an interim dividend of ₹3 per equity share for the financial year 2024-2025, equating to a 60% payout based on the nominal value of ₹5. The record date for determining entitlement to the dividend is set for 14 February 2025, with payments expected to be processed on or before 3 March 2025 through various methods, including Direct Credit and RTGS.

Additionally, shareholders should be aware that the dividend is subject to taxable TDS as per the Income-tax Act, with the applicable rate depending on individual residential status. Members are encouraged to update any changes in their residency or shareholding details with the respective depository participants or the RTA. A detailed communication on the TDS process has been sent to shareholders via email, and applications for reduced TDS rates can be downloaded from the RTA's website.