SKP Securities Ltd — Others, 12-08-2025: Corp Action

SKP Securities' board has proposed a Rs. 2 per share dividend for FY2024-25, awaiting AGM approval. Significant for investors: dividend income is now taxable, and the company will deduct tax at source (TDS). Shareholders must update KYC details and submit specific tax forms via the company's portal. This action is crucial to ensure accurate TDS deductions, claim eligible exemptions, or benefit from lower tax treaty rates. Failing to link PAN-Aadhaar or provide complete KYC will lead to a higher TDS. Act promptly to manage your tax implications.