Britannia Final Dividend ₹90.50 per Share TDS

Date: 17 July 2026

The Board of Directors, at their meeting held on 7 May 2026, recommended a Final Dividend of ₹ 90.50 per equity share of face value ₹ 1 each for the financial year ended 31 March 2026.
This dividend recommendation is subject to the approval of members at the 107th Annual General Meeting (AGM) scheduled for Friday, 7 August 2026 at 3:30 P.M. IST.
The Record Date for determining shareholder entitlement to receive the dividend is Friday, 31 July 2026.

Pursuant to SEBI regulations, dividend payments will be made only through electronic mode; the Company will not issue physical dividend warrants, demand drafts, or cheques.

Shareholders must ensure their bank account details are registered to receive dividend electronically.
For dematerialized shares, dividend will be credited to the bank account registered with the Depository Participant (DP).
For physical shares, dividend will be credited to the bank account registered with KFin Technologies Limited, the Company's Registrar and Transfer Agent (RTA).
Dividend will remain unpaid if bank account details are not registered, incomplete, or inadequate for electronic remittance.

Shareholders holding physical shares must register their PAN and KYC details by submitting required documents to the RTA at einward.ris@kfintech.com.
Shareholders holding demat shares must update their bank details with their DP(s).

As per the Income Tax Act, 2025, dividend is taxable in the hands of shareholders, and the Company is required to deduct TDS at the time of credit.
TDS rates vary depending on the residential status and category of the shareholder.

Residential status (Resident or Non-Resident for Tax Year 2026-27)
PAN and KYC details (with Aadhaar linked to PAN where applicable)
Bank account details for electronic credit
Category of Shareholder (from a specified list including Mutual Fund, Insurance Company, Individual, HUF, etc.)
Email Address
Residential Address
Documents required for TDS purposes

Mutual Funds (SEBI registered): 0% TDS
National Pension System (NPS) Trust: 0% TDS
Recognised Provident Fund: 0% TDS
Insurance Companies: 0% TDS (if qualifying as 'Insurer' per Insurance Act, 1938)
Business Trust: 0% TDS
Resident Individuals: 0% TDS if dividend is paid other than cash, or aggregate dividend for the year does not exceed ₹10,000, or a valid Form 121 is submitted.
Category III AIF IFSC (Specified Fund): 10% TDS
Other Resident Shareholders (with valid PAN): 10% TDS; 20% TDS if no PAN/invalid PAN/PAN not linked with Aadhaar.
Exemption from TDS: 0% if supported by documentary evidence (e.g., order from Indian tax authorities).
Lower Deduction Certificate: TDS as per rates prescribed in a valid certificate issued by the Income Tax Authority.

Other Non-Resident Shareholders: Standard rates may apply; the Company may consider applying a lower DTAA rate if submitted documents include: copy of valid PAN (if available), copy of TRC, Electronic Form 41, and a self-declaration of no Permanent Establishment in India, beneficial ownership, and treaty eligibility.
Category III AIF IFSC (Specified Fund): 10% TDS + applicable surcharge + 4% cess.
Lower Deduction Certificate: TDS as per rates prescribed in a valid certificate.
Exemption from TDS: 0% if supported by documentary evidence.

Required document formats are available on the Company's website: https://www.britannia.co.in/investors/shareholders-information/shareholder-forms-updates
Documents must be uploaded to the RTA's portal (https://ris.kfintech.com/clientservices/investors/taxforms.aspx) or submitted in physical form to KFin Technologies Limited at Selenium Building, Tower – B, Plot No. 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad – 500 032, Telangana, India by 31 July 2026.
All documents must be self-attested as "Certified True Copy of the Original."
Eligibility for tax benefits is subject to receipt of complete and valid documents by the deadline.
Incomplete, invalid, inconsistent, or late documents will not be considered, and tax will be deducted at the applicable default rate.
Shareholders cannot claim a refund from the Company for tax deducted at a higher rate; they must file an income tax return with the Income-tax Department.
For TDS surcharge rate determination, the Company will rely on the 4th character of the PAN if there is a discrepancy with the Register of Members.

For shareholders with a valid and operative PAN, the tax deducted will be reflected in Form 168, available for download from the e-filing account at https://www.incometax.gov.in/iec/foportal.
The RTA will also send the TDS certificate to the shareholder's registered email address after dividend payment. A copy can be requested by writing to einward.ris@kfintech.com.

The applicable TDS rates are subject to due diligence and verification of documents submitted by shareholders.
If dividend income is assessable in the hands of a person other than the registered shareholder, a declaration under Section 390 of the Act read with Rule 203 of the Income-tax Rules, 2026 must be furnished.
Shareholders are solely responsible for any income-tax demand arising from misrepresentation, incorrect information, or omission in submitted documents and must indemnify the Company against such liabilities.
This communication is a summary only; shareholders are advised to consult their own tax advisors.