24 Sep 21 | 16:00
Greaves Cotton Ltd
Exchange Received Time
Exchange Disseminated Time
Communication To Shareholders Regarding Intimation On Tax Deduction On Dividend |
7/14/2021 2:14:56 PM
Pursuant to the Finance Act, 2020, with effect from 1st April, 2020, Dividend Distribution Tax has been abolished and dividend income is taxable in the hands of the shareholders.
In this regard, please find enclosed herewith an e-mail communication which has been sent to all the shareholders of the Company whose e-mail IDs are registered with the Company / Depositories explaining the process on withholding tax from dividends paid to the shareholders at prescribed rates.
This communication is also being made available on the website of the Company at https://www.greavescotton.com/investors/corporate-announcements.
This is for your information and records.
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26 Sep 21|02:38 (IST)