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Continental Securities LtdImportant, 29-08-2025: Company Update

29-08-2025 | 02:56 pm

The company has communicated updated tax deduction at source (TDS) guidelines for dividend payments to its shareholders. The board has approved a final dividend of Rs. 0.05 per equity share for the financial year ended March 31, 2025, pending shareholder approval. Following changes to tax laws, dividend income is now taxable, and the company will deduct TDS. Rates vary significantly based on shareholder residential status and documentation provided. Resident individuals receiving up to INR 10,000 in dividends may have no TDS. Shareholders are urged to update their KYC details and submit necessary documents by the record date to ensure appropriate tax deductions.

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