Sudarshan Chemical Industries Limited , a prominent player in the chemical industry, has announced a final dividend of Rs. 4.50 per equity share for the financial year 2024-25, subject to shareholder approval. The company's Board of Directors declared this dividend, which represents 225% of the face value of Rs. 2.00 per share.

Key Dividend Details

Tax Deduction Guidelines

Sudarshan Chemical Industries has provided comprehensive guidelines for Tax Deduction at Source (TDS) on the dividend payment, in compliance with the Income Tax Act, 1961, as amended by the Finance Act, 2020.

For Resident Shareholders:

• No TDS: For individual shareholders with total dividend up to Rs. 10,000.00 in a financial year
• 10% TDS: For shareholders with valid PAN
• 20% TDS: For shareholders without PAN or with invalid PAN

For Non-Resident Shareholders:

• 20% TDS (plus applicable surcharge and cess) or as per Double Taxation Avoidance Agreement (DTAA) rates, whichever is lower

Exemptions and Special Categories

The company has outlined specific exemptions and requirements for various categories of shareholders:

1. Insurance Companies, Mutual Funds, and Alternative Investment Funds: Exempt from TDS subject to specified conditions and document submission
2. New Pension System (NPS) Trusts: Exempt from TDS with proper documentation
3. Government Entities: Covered under Section 196 of the Income Tax Act are exempt

Document Submission

Shareholders claiming exemptions or lower tax rates must submit the required documents by September 22, 2025. These include:

• Form 15G/15H for resident individuals meeting specific criteria
• Tax Residency Certificate and Form 10F for non-resident shareholders claiming DTAA benefits
• Valid SEBI registration certificates for eligible institutional investors

Electronic Payment and Bank Details Update

Sudarshan Chemical Industries emphasized that dividend payments will be made electronically. Shareholders are urged to update their bank account details:

• For dematerialized shares: Update with the Depository Participant
• For physical shares: Update with MUFG Intime India Private Limited, the company's Registrar and Transfer Agent

Importance of PAN and Residential Status

The company stressed the importance of shareholders ensuring their PAN and residential status are correctly updated with their Depository Participant or the company's RTA. This is crucial for determining the applicable TDS rate.

Sudarshan Chemical Industries Limited has demonstrated its commitment to shareholder value through this dividend declaration while ensuring compliance with tax regulations. Shareholders are advised to carefully review the detailed guidelines and submit necessary documentation to avail of applicable tax benefits or exemptions.

Sudarshan Chemical Industries Limited , a leading chemical company, has completed a significant shareholding reclassification, moving 8.21% of its equity from the Promoter/Promoter Group category to the Public category. This change, approved by company members through a postal ballot on September 6, 2025, was implemented in the depository system on September 9, 2025.

Details of the Reclassification

The reclassification involved three individuals:

1. Mr. Pradeep Ramwilas Rathi (4.36% shareholding)
2. Mr. Rahul Pradeep Rathi (3.85% shareholding)
3. Mrs. Subhadra Pradeep Rathi (no shares held)

Together, these individuals represented a total of 64,48,599 equity shares, accounting for 8.21% of the company's total shareholding.

Implementation and Confirmation

MUFG Intime India Private Limited, the company's Registrar and Share Transfer Agent, confirmed the reclassification on September 9, 2025. Following this change, Sudarshan Chemical Industries has submitted an updated shareholding pattern to the stock exchanges.

Current Promoter and Promoter Group Holding

After the reclassification, the remaining promoter and promoter group members now hold 8.19% of the company. This represents a significant reduction in the promoter group's stake in Sudarshan Chemical Industries.

Regulatory Compliance

The reclassification process was carried out in compliance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sudarshan Chemical Industries has duly informed the stock exchanges about this development, ensuring transparency and adherence to regulatory requirements.

Impact on Company Structure

This move represents a notable shift in the ownership structure of Sudarshan Chemical Industries Limited. The reduction in promoter holding and the corresponding increase in public shareholding could potentially impact the company's governance dynamics.