Happiest Minds Technologies Limited has informed BSE Limited and National Stock Exchange of India Limited regarding an intimation to shareholders on tax deduction on dividend. The regulatory filing was submitted on July 3, 2026 under the Listing Compliance and Legal Regulatory category.
Pursuant to the provisions of the Income Tax Act, 2025, dividend income is taxable in the hands of shareholders. Happiest Minds Technologies Limited has issued a detailed note on deduction of tax at source on dividend payments, explaining the applicable framework and documentation requirements for shareholders.
An email communication was sent on July 3, 2026 to all shareholders whose email IDs are registered with Happiest Minds Technologies Limited or with depositories. The email provides a link to a document titled HappiestMinds_TDS-Note.pdf, which details the process governing withholding tax from dividends paid to shareholders at rates prescribed under the Income Tax Act, 2025.
The note also includes necessary annexures for shareholders to reference when processing dividend-related tax obligations. Shareholders may access the document through the link provided in the email communication. Happiest Minds Technologies trades on BSE under scrip codes 543227 and 975101, and on NSE under the symbol HAPPSTMNDS. The intimation was signed by Praveen Kumar Darshankar, Company Secretary and Compliance Officer, on behalf of Happiest Minds Technologies Limited.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.