Pursuant to the provisions of the Income-tax Act, 1961 ('the Act'), as amended by the Finance Act, 2020, dividend shall be taxable in the hands of the Shareholders with effect from April 01, 2020. The Company is therefore required to deduct tax at source on the 3rd Interim Dividend declared on November 08, 2022, as already intimated to the Stock Exchanges. In this regard, Aegis Logistics has informed that it enclosed a general communication which is e-mailed to the shareholders explaining the process on withholding tax from dividend to be paid by the Company to the shareholders at prescribed rates, along with prescribed annexures. The aforesaid general communication is also placed on the Company's website at www.aegisindia.com.
The above information is a part of company’s filings submitted to BSE.
