Digital Marketing

Anand Rathi Dividend: Domestic brokerages declares final dividend of ₹7 per share for FY25; Record date fixed

Board of Directors has recommended

a final dividend of Rs. 7 per share. The Record Date for the purpose of Final Dividend

for FY 2024-2025 will be Friday, May 09, 2025. Final Dividend once approved by the

Members in the ensuing AGM will be paid within 30 days from the date of approval.

As prescribed under the Income Tax Act, 1961 (‘Act’), as amended by the Finance

Act, 2020, dividends paid or distributed by a Company after April 1, 2020 shall be

taxable in the hands of Members. The Company shall therefore be required to deduct

tax at source (TDS) at the time of making the payment of final dividend.

Leave a Reply

Your email address will not be published. Required fields are marked *