Shriram Transport Finance Company Ltd., popularly known as Shri Ram Finance, has announced that its Board of Directors has recommended a final dividend for the financial year ending March 31, 2023. This dividend is set at Rs.20 per equity share, with a face value of Rs.10 each, equating to a dividend payout of 200% on the face value of the share.
This recommendation is subject to approval from the shareholders during the 44th Annual General Meeting (AGM). Once approved, the dividends will be paid on or before July 22, 2023, to all eligible shareholders.
Please note that tax will be deducted at source as per the applicable rates. It’s recommended that shareholders keep this in mind when anticipating the net payout from this dividend.
Shareholders are requested to ensure that the below details are completed and/or updated, as applicable, in their respective DEMAT account(s) maintained with the Depository Participant(s) for equity shares held in demat mode; or in case of equity shares held in physical form, with the Company/ Registrar and Share Transfer Agent, Integrated Registry Management Services Private Limited (‘RTA’), on or before June 16, 2023
a. Valid Permanent Account Number (‘PAN’)
b. Residential status as per the Act i.e. Resident or Non-resident for F.Y. 2023-24
c. Category of Shareholder viz. Mutual Fund, Insurance Company, Alternative Investment Fund (‘AIF’) Category I and II, AIF Category III, Government (Central/ State Government), Foreign Portfolio Investor (‘FPI’)/ Foreign Institutional Investor (‘FII’): Foreign Company, : Others (being Individual, Firm, Trust, Artificial Juridical Person, etc.), Individual, Hindu Undivided Family (‘HUF’), Firm, Limited Liability Partnership (‘LLP’), Association of Persons (‘AOP’), Body of Individuals (‘BOI’) or Artificial Juridical Person, Domestic Company
d. Email address
e. Residential address
Please note that the above details, in case you had already registered with the Company/ RTA, as available with the Company in the Register of Members/ Register of Beneficial Ownership maintained by the Depositories will be relied upon by the Company/ RTA, for the purpose of complying with the applicable TDS provisions.
