Hikal Limited — Important, 08-02-2025: Updates

Hikal Ltd. declared an interim dividend of ₹0.60 per equity share (30%) for the financial year 2024-25, payable on or before March 5, 2025, to shareholders on record as of February 8, 2025. The payment will be made electronically for those who have updated their bank details; otherwise, physical warrants will be dispatched.

The company has communicated to shareholders regarding the tax deduction at source (TDS) applicable on the dividend. Resident shareholders must provide their Permanent Account Number (PAN) to avoid a higher withholding tax rate, while non-resident shareholders need to submit necessary tax documents by February 13, 2025, to avail of beneficial rates. Failure to provide these details may result in a standard withholding tax of 20% for non-residents. Shareholders are encouraged to consult with their tax advisors for specific provisions applicable to them.