Mazagon Dock Shipbuilders Limited — Important, 08-04-2025: General Updates

The Board of Directors of Mazagon Dock Shipbuilders Limited has declared a 2nd Interim Dividend of ₹3 per equity share for the financial year 2024-25. Shareholders registered by the record date of 16 April 2025 will be eligible to receive this dividend, which will be paid on or before 7 May 2025.

In line with recent tax regulations, TDS will be deducted at source when the dividend is paid, with the rate varying based on the shareholder's residential status and other factors. Shareholders should ensure their PAN information and any requisite documents are up to date to avoid higher TDS rates. This dividend payment reflects the company's commitment to returning value to its shareholders, enhancing its appeal as a stable investment option. Investors are advised to monitor developments closely.