HFCL Limited — Important, 19-06-2025: Updates

HFCL has announced a board meeting to consider the financial results for the quarter and half-year. The Board has proposed a 10% dividend (Re.0.10/share) for FY 2024-25, subject to shareholder approval at the AGM. Dividend income will be taxable in shareholders’ hands, with tax deducted at source as per applicable rates based on PAN and residency status. Shareholders are urged to update their tax and bank details promptly to ensure seamless dividend credit and appropriate TDS application. Non-resident and institutional investors must submit relevant documentation to avail lower withholding tax rates.