JK Cement announces dividend, outlines tax deduction process

JK Cement has announced a final dividend of INR1.50 per equity share for the financial year ended March 31, 2025, subject to shareholder approval at the Annual General Meeting on July 18, 2025. The dividend will be paid from July 21, 2025. The company also outlined the tax deduction at source (TDS) implications for resident and non-resident shareholders. Resident shareholders furnishing a valid PAN will face a 10% TDS rate, while those without a PAN will be subject to 20%. Non-resident shareholders face a 20% TDS rate (plus surcharge and health & education cess), or the applicable Tax Treaty Rate, whichever is lower. Shareholders must submit required tax exemption documents by July 8, 2025, to avail treaty benefits. The company clarified procedures for submitting necessary documents to NDML or directly to JK Cement.