HB Stockholdings Limited — Important, 01-08-2025: Updates

HB Stockholdings' Board has proposed a Rs. 1.00 per share dividend for FY24-25, subject to shareholder approval at the upcoming AGM. The company will deduct tax at source (TDS) from dividend payments as per current tax laws, impacting both resident and non-resident investors. TDS rates will vary based on shareholder category and PAN status. Shareholders may need to submit relevant documents for lower or nil deductions. For resident individuals, dividends up to Rs. 5,000 may be exempt from TDS. Ensure KYC details are updated to receive payments electronically.