Heritage Foods has informed that pursuant to the provisions of the Income Tax Act, 1961 and the Rules framed thereunder, as amended by the Finance Act, 2020 (‘the Act’), dividend paid or distributed on or after April 1, 2020, shall be taxable at the hands of the Shareholders. In this regard, the Company has sent the enclosed email communication to all the shareholders of the Company whose e-mail IDs are registered with the Company/Depositories explaining the process on withholding tax from dividends to be paid to the shareholders at prescribed rates, as may be applicable, along with the necessary annexures. The specimen of the communication is appended herewith for reference and records and the same will also be available on the website of the Company at www.heritagefoods.in. All the annexures can be downloaded from https://ris.kfintech.com/form15/forms.aspx?q=0.
The above information is a part of company’s filings submitted to BSE
