Date: 29th June, 2026

Dividend Declaration

  • The Board of Directors at their meeting held on 06th May, 2026 recommended a Final Dividend of ₹2.50 per equity share (25%) for the Financial Year ended 31st March, 2026.
  • The dividend is subject to approval of shareholders at the 129th Annual General Meeting to be held on Monday, 27th July, 2026.
  • Dividend will be paid through electronic mode only after AGM approval to shareholders as on record/book closure date of Tuesday, 14th July, 2026.
  • This represents the company's 171st dividend payout.

TDS Provisions and Compliance Requirements

General TDS Framework

  • Dividend is taxable in the hands of shareholders under Income-Tax Act, 2025
  • Company is required to deduct TDS at applicable rates at time of dividend payment
  • Tax rates depend on shareholder residential status and classification

For Resident Shareholders

  • TDS @ 10% under Section 393(1) unless exempt
  • No TDS for individuals if aggregate dividend during FY2026-27 does not exceed ₹10,000
  • PAN must be valid and linked with Aadhaar (20% TDS if PAN invalid/unlinked)
  • Exemption categories require submission of specific declaration forms by 8th July 2026:
  • Form No. 121 for eligible Resident Individual Shareholders
  • Specific declarations for Insurance Companies, Mutual Funds, Alternative Investment Funds (Category I & II)
  • National Pension System Trust, Recognized provident funds, Approved superannuation/gratuity funds
  • Government, RBI, corporations established by Central Act (no TDS required under Section 393(5))

For Non-Resident Shareholders

  • TDS @ 20% (plus surcharge and cess) under Section 393(2)
  • Option to avail DTAA benefits if more beneficial
  • Required documents for DTAA benefits (by 8th July 2026):
  • Self-attested PAN copy (if allotted)
  • Tax Residency Certificate for FY2026-27
  • Form 41 filed electronically
  • Self-declaration meeting treaty eligibility requirements (Annexure 3)
  • Company reserves discretion to apply DTAA rates based on document completeness

Documentation Deadlines and Procedures

  • All documents must be submitted by Wednesday, 8th July 2026
  • Documents to be uploaded with RTA MUFG Intime India Private Limited at specified portal or emailed to ctil.investorrelations@adityabirla.com
  • No communication on tax determination will be entertained after the deadline

Shareholder Update Requirements

  • Shareholders must update residential status, PAN, email address, mobile number with:
  • Depository participants (for demat holdings)
  • RTA MUFG Intime India Private Limited (for physical holdings)
  • Bank account details must be updated for electronic dividend payment
  • Physical folio holders must submit ISR-1 form with PAN and cancelled cheque for KYC compliance

Additional Provisions

  • Shareholders with multiple accounts under different status categories: higher tax rate applicable to entire holding will be considered
  • Company not liable for higher TDS deductions if proper documents not submitted by deadline
  • Shareholders can claim refund of excess tax through income tax return filing
  • Shareholders indemnify company against any misrepresentation in provided information

Annexures Provided

  • Annexure 1: Form No. 121 for resident individual shareholders
  • Annexure 2: Declaration format for various exempt categories
  • Annexure 3: Declaration format for non-resident shareholders availing DTAA benefits