Northern Spirits Ltd — Important, 25-08-2025: Company Update

Northern Spirits shared crucial details about Tax Deduction at Source (TDS) on its dividend of Rs 0.30 per equity share for the last fiscal year. As per tax laws, dividends are now taxable for shareholders, and the company will deduct TDS at applicable rates. A record date has been set to determine eligibility for dividend payment. Shareholders must update their KYC details, including PAN and bank information, to ensure electronic receipt and avoid higher TDS or withholding. Different TDS rates apply to resident and non-resident investors based on their category and submission of required documents like Form 15G/15H or Tax Residency Certificates. All tax-related documents must be submitted online by a specified deadline.