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Samvardhana Motherson Announces Dividend Tax Deduction Details

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Samvardhana Motherson Announces Dividend Tax Deduction Details

Elevate Your Investing Strategy:

An announcement from Samvardhana Motherson International Limited ( (IN:MOTHERSON) ) is now available.

Samvardhana Motherson International Limited announced a communication to its shareholders regarding the deduction of tax on dividends for the financial year ending March 31, 2025. The company has recommended a final dividend of Re. 0.35 per equity share, subject to shareholder approval, and will deduct tax at source as per applicable laws. This announcement is significant for shareholders as it outlines the tax implications and the necessary documentation required for compliance.

More about Samvardhana Motherson International Limited

Samvardhana Motherson International Limited operates in the automotive industry, providing a range of products and services including automotive components and solutions. The company focuses on delivering innovative and sustainable solutions to its clients in the automotive sector.

Average Trading Volume: 966,788

Current Market Cap: 1070.5B INR

See more insights into MOTHERSON stock on TipRanks’ Stock Analysis page.

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