Key Quantitative Figures

The Board of Directors has recommended a Final Dividend at the rate of 25%, which is ₹1.25 per equity share on a face value of ₹5 each.

Parties Involved

  • Regulator: BSE Limited (the recipient of this disclosure).
  • Company Officials: Sarika Abhijit Ghanekar, Company Secretary & Compliance Officer.
  • Registrar and Transfer Agent (RTA): MUFG Intime India Private Limited.
  • Shareholders: Resident and Non-Resident shareholders of the company.

Purpose/Rationale

The purpose is to inform shareholders about the applicable TDS provisions under the Income-tax Act, 2025, for the forthcoming dividend payment and to provide them with the necessary instructions and deadlines for submitting documents to avail of beneficial TDS rates.

TDS Provisions Detailed

I. For Resident Shareholders

  • No TDS if the aggregate dividend during the tax year does not exceed ₹10,000 for an individual, or if their income is below the taxable limit and a declaration in Form 12I is received.
  • No TDS for Insurance Companies, Mutual Funds, and domestic Alternative Investment Funds upon receipt of required documents.
  • TDS @ 10% if a valid, Aadhaar-linked PAN has been furnished to the Depository Participant or RTA.
  • TDS @ 20% if a valid PAN has not been furnished.

II. For Non-Resident Shareholders

  • Shareholders may avail a beneficial tax treaty rate subject to eligibility and submission of required documents.
  • TDS @ 20%, plus applicable surcharge and health & education cess, or the applicable tax treaty rate, whichever is lower, will be deducted.

III. General Instructions

  • All required forms and documents (Form 12I, treaty benefit forms, or declaration per Rule 203 of Income-tax Rules, 2026) must be submitted on or before 15th July, 2026 via email to Investor.helpdesk@in.mpms.mufg.com or cs@abmindia.com.
  • Forms and documents received after the deadline or found incomplete will not be considered.
  • These forms must be submitted afresh for this final dividend; previous submissions are not valid.
  • The company will not entertain any claims regarding taxes deducted per applicable law.
  • A specific declaration form is required if the dividend income is assessable in the hands of a person other than the registered shareholder (e.g., a broker holding on behalf of a beneficial owner).

Availability of Information

The full intimation, along with all annexures and forms (Form 12I, documents for resident/non-resident shareholders, and the declaration form), has been made available on the company's website at www.abmindia.com.

Disclaimer

The communication includes a disclaimer stating that it should not be treated as tax advice from ABM Knowledgeware Limited and that shareholders should consult a tax professional.