Happiest Minds Technologies Limited — Important, 19-11-2024: General Updates

The Board of Directors of Happiest Minds Technologies Limited has declared an interim dividend of ₹2.50 per equity share for the financial year 2024-25. The record date for this dividend is November 27, 2024, with payment scheduled for on or after December 6, 2024. Shareholders whose names are on the register as of the record date will receive this dividend.

Additionally, the company is required to deduct tax at source (TDS) from the dividend payments in accordance with the Income Tax Act, 1961. Generally, no TDS will be deducted for resident individual members with valid PAN details if their total dividend amount does not exceed ₹5,000 for the financial year. Members not qualifying for this exemption can find detailed information on tax rates and necessary forms on the company's website. It is crucial for members to update their bank details with their Depository Participant to ensure smooth receipt of the dividend.