ALPHA TRIBE

Triveni Turbine LimitedImportant, 04-02-2025: Updates

04-02-2025 | 03:34 pm

The Board of Directors of Triveni Turbine Limited has approved an interim dividend of ₹2 per equity share for the financial year 2024-25, payable to shareholders listed as of the record date on February 6, 2025. Due to recent tax regulations, the company will deduct tax at source on the dividend payments, with rates varying based on the shareholder's residential status and necessary documentation. Shareholders are advised to upload relevant tax declarations before the cut-off date of February 7, 2025, to ensure appropriate withholding tax rates are applied. This outlines an important change for dividend distribution that may affect shareholders’ anticipated returns. Investors should monitor compliance with tax requirements to optimize their dividend experience.

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