Anand Rathi Announces Final Dividend for FY 2024-25

In an exciting update for its shareholders, Anand Rathi revealed on April 25 that its board has proposed a final dividend for the fiscal year 2024-25. This announcement has generated considerable interest, particularly among investors eager to understand the details surrounding the dividend payout.

Key Dividend Details

• Recommended Dividend: The board suggested a final dividend of Rs. 7 per share.
• Record Date: To be eligible for this dividend, shareholders must hold shares before the record date of May 9, 2025.
• Payment Timeline: Once ratified in the upcoming Annual General Meeting (AGM), the dividend will be disbursed within 30 days of approval.

Tax Implications for Shareholders

According to the provisions of the Income Tax Act, 1961, as modified by the Finance Act of 2020, dividends distributed by companies post April 1, 2020, are subject to taxation for shareholders. Consequently, Anand Rathi is obligated to withhold Tax Deducted at Source (TDS) when distributing the final dividend.

Understanding the Financial Landscape

Investors should be aware of how these changes might affect their returns. The announcement of the dividend reflects Anand Rathi’s commitment to providing value to its shareholders. This move is not just about immediate financial returns; it underscores the company’s overall performance and stability in the current market.

For further insights into Anand Rathi’s financial strategies and market position, consider exploring additional resources on stock market trends and dividend investing.

This proposed dividend marks a significant step for Anand Rathi, showcasing its dedication to rewarding its investors while navigating the complexities of tax regulations. Stay tuned for updates following the AGM, which will confirm the final dividend distribution.