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Pilani Investment and Industries Corporation informs about updates

24 Jun 2024 Evaluate
Pilani Investment and Industries Corporation has informed that in accordance with the provisions of the Income Tax Act, 1961, (the Act) as amended by the Finance Act, 2020, dividend paid or distributed by a Company on or after 1st April, 2020 shall be taxable in the hands of the shareholders. The Company shall therefore be required to deduct tax at source ('TDS’) at the time of payment of dividend to shareholders at the applicable rates. In this connection, it enclosed a communication to shareholders regarding deduction of tax at source on dividend which is being sent to those shareholders whose email IDs are registered with the Company/Depositories. The communications along with annexures would also be available on the website of the Company, www.pilaniinvestment.com.

The above information is a part of company’s filings submitted to BSE.

Pilani Investment Share Price

4921.85 93.40 (1.93%)
17-Apr-2026 16:59 View Price Chart
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