ROUTE MOBILE LIMITED — Important, 29-01-2025: Updates

Shareholders have been informed of the declaration of a Second Interim Dividend of ₹3 (30%) per equity share having a nominal value of ₹10. The record date for the dividend is set for February 1, 2025, with payments scheduled to be completed by February 20, 2025.

It is crucial for shareholders to note that, following changes to the Income Tax Act, tax will be withheld at source on dividends—details on TDS implications for both resident and non-resident shareholders are provided. For resident individuals, no TDS will apply if the total dividends received do not exceed ₹5,000 in the fiscal year 2024-25. Shareholders must also ensure their Permanent Account Number (PAN) is updated to avoid higher tax deductions. The full communication outlines necessary documentation for various shareholder categories to manage TDS accurately.

This notification emphasizes the importance of timely submission of required forms and the necessity for shareholders to verify their tax status to receive dividends efficiently.