06:25 PM, 29th May 2023
Pursuant to the Finance Act 2020 with effect from April 1 2020 Dividend Distribution Tax has been abolished and dividend income is taxable in the hands of the shareholders. In this regard please find enclosed herewith an e-mail communication which has been sent today to all the shareholders of the Company whose e-mail IDs are registered with the Company/Depositories explaining the process on withholding tax from dividends paid to the shareholders at prescribed rates as may be applicable along with the necessary annexures. This communication is also being made available on the website of the Company at www.optiemus.com This is for your information and records.