Berger Paints India : Communication to shareholders as per Reg 30
July 25, 2022 at 09:04 am
Share
STOCK. EXG/ AG/ 2022-23
25th July, 2022
The Corporate Relationshjp
The Listing Department
Listing Department
Department
National Stock Exchange of
The Calcutta Stock
BSE Limited,
India Limited
Exchange Ltd.
l st Floor,
Exchange Plaza, 5th Floor,
7 Lyons Range,
Phiroze Jeejeebhoy Towers,
Plot No.-C/1, 'G' Block,
Kolkata-700001
Dalal Street,
Bandra- Kurla Complex,
Mumbai - 400001
Bandra (E)
Mumbai - 400051
Scrip Code : 509480
Scrip Code: 12529
Scrip Code: BERGEPAINT
Dear Sirs,
Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) read with Schedule Ill (Part A)
Subject: Deduction of tax at source on dividend - Shareholders Communication
In tem1s ofthe provisions of the Income-tax Act, 1961, as amended by the Finance Act, 2020, dividend paid or distributed by a company on or after 1st April, 2020 shall be taxable in the hands of the shareholders.
In this regard, a communication to shareholders regarding deduction of tax at source on dividend explaining the process on withholding tax from dividend (to be paid to the shareholders) at prescribed rates, along with the necessary annexures, is being sent to those shareholders whose email IDs are registered with the Company, the RTA or the Depositories and also to other shareholders as per applicability.
The said communication along with annexures is also available on the website of the Company, viz.,https://www.bergerpaints.com/investors/investor-services.html.
Berger Paints (I) Ltd. published this content on 25 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 July 2022 08:03:10 UTC.
Berger Paints India Limited is an India-based company, which is engaged in the manufacturing and selling of paints. The Company offers products in categories, including interior wall coatings, exterior wall coatings, exterior textures, metal finishes, wood finishes, under coats, water proofing solutions. Its designer finishes include Silk GlamArt Metallica, Silk GlamArt Metallica for Designs, Silk GlamArt Non-Metallic, Silk GlamArt Stones and Tones, Silk GlamArt Stucco. Its interior emulsions include Silk Breathe Easy, Silk Glamor Matt, Silk Glow and Silk Glamor Soft Sheen. Its interior wall distempers include Bison Distemper. The Company's exterior emulsions include WeatherCoat Long Life 10, WeatherCoat Long Life 7, WeatherCoat Anti Dustt, WeatherCoat Long Life PU Tile Coat, and Never Miss Ceiling White. Its Sandila Plant is the manufacturing facility of the Company in India with capability to produce 33,000 MT per month, bulk of which is water-based paint.