ALPHA TRIBE

Comfort Commotrade LtdImportant, 20-08-2025: Company Update

20-08-2025 | 05:22 pm

Comfort Commotrade Limited has announced details regarding tax deductions on dividend payments. The Board has proposed a final dividend of 5% (Rs. 0.50 per share) for the financial year ended March 31, 2025, which requires shareholder approval at the upcoming Annual General Meeting. Dividends are now taxable for shareholders, and the company is mandated to deduct tax at source (TDS). The record date to determine eligible shareholders for this dividend is September 05. Shareholders' residency status and prompt submission of necessary documents, such as PAN or tax exemption forms, will determine the applicable TDS rate. To ensure accurate tax withholding, investors should update their details by the record date. Higher TDS rates may apply for specific non-filers of income tax returns.

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