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SJVN Limited Announces Interim Dividend and TDS Guidelines

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SJVN Limited Announces Interim Dividend and TDS Guidelines

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An update from SJVN Limited ( (IN:SJVN) ) is now available.

SJVN Limited has declared an interim dividend of ₹1.15 per equity share for the financial year 2024-25. The company has also communicated the requirements for tax deduction at source (TDS) on this dividend, in compliance with the Indian Income Tax Act. This announcement may impact shareholders as it outlines the necessary documentation to determine the applicable TDS rate. The provisions apply differently to resident and non-resident shareholders, with specific conditions and documentation required for each category.

More about SJVN Limited

SJVN Limited is a Navratna Central Public Sector Enterprise operating under a joint venture between the Government of India and the Government of Himachal Pradesh. The company is primarily involved in the energy sector, focusing on the generation and distribution of electricity.

YTD Price Performance: -19.17%

Average Trading Volume: 705,633

Current Market Cap: 352.3B INR

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

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