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CIE Automotive India details TDS rules on proposed FY25 dividend

Story Highlights
  • CIE Automotive India’s board has proposed a Rs. 7 per share dividend for FY25, pending shareholder approval at the April AGM.
  • The company has issued detailed guidance on TDS for this dividend and urged shareholders to update tax-related details for accurate withholding.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CIE Automotive India details TDS rules on proposed FY25 dividend

Meet Samuel – Your Personal Investing Prophet

An announcement from CIE Automotive India Ltd ( (IN:CIEINDIA) ) is now available.

CIE Automotive India has informed shareholders that its board recommended a dividend of Rs. 7 per equity share for the financial year ended 31 December 2025, subject to approval at the annual general meeting on 29 April 2026. The company has also outlined how tax will be deducted at source on this dividend in line with the Income Tax Act, based on shareholder data from depositories and its registrar as of 22 April 2026.

Shareholders have been advised to ensure their PAN, residential status and category details are accurate with depositories and the registrar so that the correct TDS rate is applied when the dividend is paid. The communication, sent via email and posted on the company’s website, aims to pre-empt operational issues in dividend distribution and provide clarity on withholding tax treatment for different investor categories.

More about CIE Automotive India Ltd

CIE Automotive India Limited is an India-based automotive components manufacturer serving domestic and global vehicle makers. The company operates through facilities in Maharashtra and other regions, supplying a range of engineered auto parts to original equipment manufacturers and focusing on both OEM and replacement markets.

Average Trading Volume: 21,260

Technical Sentiment Signal: Strong Buy

Current Market Cap: 177.6B INR

Find detailed analytics on CIEINDIA stock on TipRanks’ Stock Analysis page.

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