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Motherson Sumi Wiring India Ltd ( (IN:MSUMI) ) has provided an announcement.
Motherson Sumi Wiring India Ltd has communicated to its shareholders about the deduction of tax at source on the final dividend for the financial year ending March 31, 2025. The Board of Directors recommended a final dividend of Rs. 0.35 per equity share, subject to shareholder approval, which will be paid post the Annual General Meeting. The company will deduct tax at source on the dividend as per the Income Tax Act, 1961, with the rate varying based on the shareholder’s residential status and submitted documentation.
More about Motherson Sumi Wiring India Ltd
Motherson Sumi Wiring India Ltd operates in the automotive industry, focusing on the manufacturing and supply of wiring harnesses and components for vehicles. The company plays a significant role in the automotive supply chain, providing essential products for vehicle electrical systems.
Average Trading Volume: 282,219
Current Market Cap: 260B INR
For a thorough assessment of MSUMI stock, go to TipRanks’ Stock Analysis page.