TRANSWORLD SHIPPING LINES LIMITED — Important, 25-07-2025: General Updates

Transworld Shipping Lines' Board has proposed a 15% dividend (Rs. 1.50 per equity share) for the financial year ended March 31. This dividend will be subject to Tax Deducted at Source (TDS) as per income tax rules. Resident shareholders generally face a 10% TDS, or NIL if income is below Rs. 10,000 or Form 15G/15H is submitted. Non-residents may face 20% (plus surcharge/cess) or a lower tax treaty rate with proper documentation. Shareholders must update documents online for appropriate tax deduction. Failure to provide PAN may result in a higher 20% TDS.