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Company News

Indian Hotels Co Ltd
Indian Hotels Co Ltd - Communication To Shareholders - Intimation On Tax Deduction On Dividend
May 13,2025
Pursuant to the Finance Act 2020 with effect from April 1 2020 Dividend Distribution Tax is abolished and dividend income is taxable in the hands of the shareholders. In this regard please find enclosed herewith an email communication which has been sent to all the shareholders having their email IDs registered with the Company/ Depositories explaining the process on withholding tax from dividends paid to the shareholders at prescribed rates along with the necessary annexures.

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

A Muthoot M George Enterprise