Arvind Fashions Final Dividend ₹1.60 TDS Communication

Date: July 7, 2026

Dividend Declaration

The Board of Directors of Arvind Fashions Limited at their meeting held on 6th May 2026 recommended payment of final dividend of ₹1.60 per fully paid up equity share for the Financial Year ended 31st March 2026. This dividend payment is subject to approval by shareholders at the ensuing Annual General Meeting.

Tax Deduction at Source (TDS) Framework

The Company is required to withhold taxes on dividend payments in accordance with Income Tax Act, 2025 effective from 1st April 2026. The withholding tax rate varies depending on the residential status of the shareholder and documents submitted.

Key TDS Provisions

• No tax will be deducted on payment of dividend to resident individual shareholders if total dividend paid during Tax Year 2026-27 does not exceed ₹10,000
• Higher rate of withholding tax (20%) will be applied if PAN is not updated with Company's RTA or depository, or if PAN information is not provided
• PAN must be linked with Aadhaar as per Section 262 of Income Tax Act, otherwise PAN will be deemed invalid/inoperative and tax deducted at 20%

Resident Shareholders TDS Rates

• With valid PAN: 10% tax rate (no documents required)
• With no/invalid PAN: 20% tax rate (no documents required)

Special Categories with Nil TDS (Requires Documentation)

• Individuals with dividend income > ₹10,000 furnishing Form 121
• Shareholders where Section 393(1) does not apply (LIC, GIC, Business Trusts like REIT, InVIT)
• Shareholders covered under Section 393(5) (Government, RBI, Mutual Funds, corporations exempt from Income Tax)
• Category I and II Alternative Investment Funds (AIFs)
• Entities exempt from withholding tax under Section 393(6)

Non-Resident Shareholders TDS Rates

• Foreign Institutional Investors: 20% (plus applicable surcharge and cess)
• Category III AIF located in IFSC: 10% (plus applicable surcharge and cess)
• Other Non-resident shareholders: 20% or tax treaty rate whichever is beneficial
• Tax residents of Notified Jurisdictional Area: 30%
• Sovereign Wealth funds and Pension funds notified by Central Government: NIL
• Subsidiary of Abu Dhabi Investment Authority (ADIA): NIL
• Those with Lower/NIL tax deduction certificate u/s 395(1): Rate specified in certificate

Documentation Requirements

Shareholders must submit required documents by July 31, 2026 through the link: https://web.in.mpms.mufg.com/formsreg/submission-of-Form-121-41.html

Required documents include:

• Copy of PAN card (self-attested)
• Form 121 for resident individuals
• Self-declaration forms (Annexure 1-7 as applicable)
• Tax Residency Certificate for non-residents
• Digital Form 41 for non-residents
• Lower tax withholding certificate from Income Tax Department if applicable

Procedural Notes

• The Company will issue soft copy of TDS certificate through email registered with Depository Participant/RTA
• Tax credit statement can be downloaded from Income Tax Department's website (Form 168)
• Company reserves right to verify PAN details through NSDL utility and reject documents if discrepancies found
• For shareholders holding shares under multiple accounts with different residential status, higher tax rate will apply to entire shareholding
• All queries should be addressed to RTA: MUFG Intime India Private Limited at investor.helpdesk@in.mpms.mufg.com

Registrar & Transfer Agent

MUFG Intime India Private Limited (Formerly Link Intime India Private Limited)

C 101, Embassy 247, L.B.S. Marg, Vikhroli West, Mumbai - 400 083