SONATA SOFTWARE LTD. - 532221 - Board to consider Q2 results & Interim Dividend on October 19, 2021
Sonata Software Ltd has informed BSE that the Meeting of the Board of Directors of the Company will be held on October 19, 2021 inter alia, to:1. consider, approve and take on record the un-audited financial results of the Company (standalone and consolidated) for the quarter and half year ended September 30, 2021.(Q2)2. consider and declare an Interim Dividend, if any, for the Financial Year 2021-22.Pursuant to Finance Act, 2020, dividend income will be taxable in the hands of the Shareholders with effect from April 01, 2020. Hence, the interim dividend, if declared by Board, shall be paid after deducting tax at source ('TDS') in accordance with the provisions of the Income Tax Act, 1961. Communication in this regard will be sent to the shareholders to enable the Company to determine the appropriate TDS rates.Further pursuant to regulation 30(6) of the Regulations, the Company proposes to hold a conference call with the Analysts / Investors. The details of the call will be intimated separately.01-10-2021