Agi Infra Limited — Important, 13-03-2025: Updates
AGI Infra Limited has declared an interim dividend of ₹0.50 (50 paisa) per equity share for FY 2024-25, which amounts to 10% of the face value of ₹5 per share. The dividend will be distributed to shareholders listed in the Register of Members by the close of business on the record date of March 19, 2025.
The company will deduct Tax Deducted at Source (TDS) on the dividends at specific rates according to the Income Tax Act. For resident shareholders with a valid PAN, TDS will be deducted at 10% unless their total dividend exceeds ₹5,000 during the financial year, in which case it will be applied to the total amount. Non-resident shareholders will have TDS assessed based on applicable rates, with the additional option of benefiting from Double Taxation Avoidance Agreements.
Shareholders must submit necessary forms and documentation to ensure appropriate withholding tax rates. Failure to do so could result in higher tax deductions. All communications regarding this matter should be directed to the company’s designated email.
