K.P. Energy Limited — Important, 07-02-2025: Updates

K.P. Energy Limited's Board has approved an interim dividend of Re. 0.20 per equity share for the financial year 2024-25, set to benefit shareholders registered by the specified record date. Tax deductions will be applied based on current income tax regulations, with a standard withholding rate of 10% for resident shareholders providing valid PAN details; otherwise, the rate increases to 20%. Resident individuals may avoid TDS if their total dividend does not exceed Rs. 5,000 or they submit necessary forms under specified eligibility conditions. For non-resident shareholders, withholding will depend on domestic tax law or the Double Tax Avoidance Agreement, requiring specific documentation for tax rate eligibility. Shareholders must submit relevant tax-related documents by February 14, 2025, to ensure proper TDS application. Updated banking information is also requested to facilitate timely dividend payments, particularly as electronic modes of transfer will be mandatory from April 2024. Shareholders are advised to consult tax professionals regarding compliance and deductions.