Benares Hotels Ltd — Updates, 20-06-2025: Company Update

Benares Hotels Limited has announced a final dividend of ₹25 per share (250%) for FY 2024-25, subject to shareholder approval. As per current tax laws, dividend income is taxable in shareholders' hands, and the company will deduct tax at source (TDS) accordingly. TDS rates vary by shareholder category, with resident shareholders facing 10% if PAN is valid (20% otherwise) and non-residents subject to 20% or lower DTAA rates upon submission of relevant documents. Shareholders must update their PAN, tax status, and bank details with the registrar or depositories to ensure correct TDS deduction and dividend receipt. Forms and detailed instructions are available on the company’s website.