Maithan Alloys , a prominent player in the alloys industry, has declared a final dividend of ₹16.00 per equity share. The company has set September 19, 2025, as the record date for determining shareholder eligibility for the dividend payout.

Key Dividend Details

• Dividend Amount: ₹16.00 per equity share
• Record Date: September 19, 2025
• Book Closure: September 20-27, 2025 (both days inclusive)

Tax Deduction at Source (TDS) Guidelines

Maithan Alloys has provided comprehensive guidelines for TDS on the dividend, which varies based on shareholder categories:

For Non-Resident Shareholders:

• Standard TDS Rate: 20% plus applicable surcharge and cess
• Option for Lower Rate: Non-residents can opt for the lower rate as per the Double Tax Avoidance Agreement (DTAA) between India and their country of residence, subject to providing necessary documentation

For Resident Shareholders:

• Individual Shareholders:
  • No TDS for annual dividends below ₹10,000.00
  • 10% TDS for dividends above ₹10,000.00
• Mutual Funds: 10% TDS, exemption available with proper documentation
• Insurance Companies: No TDS with valid self-declaration and IRDAI registration
• Alternative Investment Funds (Category I and II): 10% TDS, exemption possible with proper documentation

Important Dates and Documentation

• Document Submission Deadline: September 30, 2025
• Email for Document Submission: mdpldc@yahoo.com with a copy to rajesh@maithanalloys.com

Additional Information

• Shareholders without a valid PAN will face a higher TDS rate of 20%
• The company emphasizes the importance of linking Aadhaar with PAN to avoid higher tax deduction
• Dividend payments will be made electronically to registered bank accounts

Maithan Alloys has urged shareholders to update their bank details and submit necessary documents before the specified deadline to ensure smooth processing of dividend payments and appropriate tax deductions.

This announcement reflects Maithan Alloys' commitment to transparent communication with its shareholders regarding dividend distribution and tax implications. Investors are advised to consult with their tax advisors for personalized guidance on the tax provisions applicable to their specific situations.

Maithan Alloys Limited has announced a final dividend of Rs. 6.00 per equity share for the financial year 2024-25, as confirmed in a recent corporate filing. This dividend represents 60% of the face value of each equity share, which stands at Rs. 10.00.

Key Details of the Dividend Announcement

Important Dates

The company has set Friday, 19th September, 2025, as the record date for determining shareholders eligible for the final dividend. The Register of Members and Share Transfer Books will remain closed from Saturday, 20th September, 2025, to Saturday, 27th September, 2025 (both days inclusive).

Shareholder Approval and AGM

The final dividend, as recommended by the Board of Directors, is subject to shareholder approval at the forthcoming Annual General Meeting. The AGM is scheduled for Saturday, 27th September, 2025, where shareholders will have the opportunity to vote on the dividend proposal.

Company Background

Maithan Alloys Limited is a prominent player in the alloys industry. The company's consistent dividend policy reflects its commitment to delivering value to its shareholders.

Investors and shareholders are advised to take note of the record date and book closure period for dividend eligibility. The final approval and subsequent payment of the dividend will be contingent upon shareholder approval at the upcoming AGM.