Bharat Petroleum Corporation Limited — Important, 23-01-2025: Updates
A board meeting has been held, resulting in the declaration of an interim dividend of ₹5 (5/-) per equity share of face value ₹10 for the financial year 2024-25. The record date for this dividend is set for January 29, 2025. Shareholders are advised that the interim dividend will be subject to Tax Deduction at Source (TDS) as per applicable rates, and they must update required personal information in their demat accounts or with the Company’s Registrar and Transfer Agent to ensure correct TDS deductions are applied. This includes providing details like PAN, residential status, and bank account information prior to the record date. It’s essential for shareholders to submit relevant forms and documentation by February 2, 2025, to comply with tax regulations and to prevent tax deductions at higher rates. Ensure all submissions are made on time to facilitate a smooth dividend payment process.
