Mercury Laboratories Ltd — Updates, 10-07-2025: Company Update

Mercury Laboratories Limited has communicated to shareholders about the tax deduction at source (TDS) on dividends for the financial year 2024-25 following the abolition of Dividend Distribution Tax. The company has recommended a dividend of Rs. 3.5 per equity share (35% on Rs. 10 face value), subject to shareholder approval. Shareholders must update their PAN, bank, and contact details to ensure correct TDS rates, which vary based on residential status and submitted documents. Resident shareholders with valid PAN face 10% TDS, while non-residents face 20% or applicable treaty rates upon submission of required documents. Shareholders can submit declarations like Form 15G/15H or exemption certificates to reduce or avoid TDS. The company urges timely submission of documents to avoid higher TDS and clarifies shareholders are responsible for any tax consequences or indemnification related to incorrect information.