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Advani Hotels & Resorts (India) Ltd Dividend

58.37
(0.66%)
Apr 1, 2025|12:00:00 AM

Advani Hotels. CORPORATE ACTIONS

02/04/2024calendar-icon
02/04/2025calendar-icon
PurposeAnnouncement DateEx-DateRecord DateDividend AmountDividend per ShareRemark
Dividend7 Feb 202514 Feb 202514 Feb 2025150Interim 1
PFA Outcome of the Board Meeting (2024-2025 3Q UFR, Interim Dividend and Record Date) Declared the First Interim Dividend @ 50% i.e. Re.1/- (Rupees One only) per Equity Share of face value of Rs. 2/- each for the Financial Year 2024 - 2025. The Interim Dividend shall be paid to the Equity Shareholders of the Company whose names shall appear in the Register of Members or in the records of the Depositories as Beneficial Owners of Equity Shares as on Friday, February 14, 2025, the Record Date fixed for the aforesaid purpose. The Interim Dividend will be remitted by March 6, 2025.
Dividend22 May 202431 May 20241 Jun 20240.840Interim 2
Board of Directors of the Company, at its meeting held today i.e. Wednesday, May 22, 2024, inter alia considered the following: Declared Second Interim Dividend (subject to tax deductible at source) @ 40% i.e. Rs. 0.80 per Equity Share of face value of Rs. 2/- each for the financial year 2023 - 2024. The Interim Dividend shall be paid to the equity shareholders of the Company whose names will appear in the Register of Members, or in the records of the Depositories as Beneficial Owners of Equity shares as on Friday, May 31, 2024 which is the Record Date fixed for the aforesaid purpose. The Interim Dividend will be paid / warrants will be dispatched by Monday, June 17, 2024. Tax Deductible at Source on Dividend: Pursuant to the provisions of Finance Act, 2020, dividend income is taxable in the hands of the shareholders with effect from April 1, 2020. Hence, the interim dividend declared by Board shall be paid after deducting tax at source (TDS), in accordance with the provisions of the Income Tax Act, 1961.

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