ALPHA TRIBE

MODISON LIMITEDImportant, 01-08-2025: Updates

01-08-2025 | 06:17 pm

Modison Limited's Board has declared a final dividend of INR 2.00 per equity share (200%) for FY24-25, pending shareholder approval at the upcoming AGM. This dividend income is now taxable for shareholders, and the company will implement Tax Deducted at Source (TDS). Shareholders are advised to ensure their Permanent Account Number (PAN) is valid and linked to Aadhaar to prevent higher tax deductions. Investors holding physical shares must update their KYC details for electronic payments. To benefit from lower TDS rates, relevant tax exemption documents must be submitted to the company by August 29, 2025.

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