Voltas Ltd notifies shareholders about tax deduction on dividend payouts. Read the official update and key compliance details.
Voltas Ltd Notifies Shareholders on Dividend Tax Deduction Process
Mumbai, June 2, 2025 — Voltas Ltd (BSE: 500575), the leading air conditioning and engineering solution provider, has formally informed its shareholders about the TDS on the future dividend payments. This disclosure has been made to the Bombay Stock Exchange in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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The notice highlights mandatory compliance requirements for shareholders to ensure timely receipt of dividends without unnecessary deductions. The company has urged all eligible investors to submit valid tax-related documents such as Form 15G/15H, PAN details, or certificates for lower TDS rates before the specified deadline.
Voltas emphasized that the tax deduction will be executed as per applicable provisions of the Income Tax Act, 1961. Shareholders who fail to update their details or submit necessary documentation may be subjected to higher default TDS rates.
The communication is part of a broader commitment by Voltas to maintain transparent corporate governance and keep its investors well-informed. The official communication can be accessed directly on the BSE website or via Voltas Ltd’s investor relations section.
With this move, Voltas continues to uphold its reputation for compliance and clarity, particularly in its dealings with shareholders and dividend disbursements.
For more detailed information, shareholders are advised to review the full notice available here: Voltas Ltd BSE Announcement
