Date: May 29, 2026

KMP / Board / Auditor Changes

Not Specified

Dividend Declaration or Non-Declaration

Not Specified

Board Meeting Outcomes

Not Specified

Financial Results (Standalone & Consolidated)

Not Specified

Auditor’s Report

Not Specified

Disinvestment / Strategic Actions

Not Specified

Other Operational / Legal / Strategic Disclosures

Dividend Taxation Procedures

For Resident Shareholders - Individual:

  • TDS will be deducted at 10% under Section 393(1), Table Sr no. 7 of the Act for shareholders holding a valid PAN (other than specified persons), unless exempt.
  • Conditions for 10% rate: Valid Permanent Account Number (PAN); if PAN is not held or not linked with Aadhaar, TDS applies at 20% under Section 397(2).
  • No TDS applies if aggregate dividend distributed during the financial year does not exceed ₹10,000 (clubbed by PAN).
  • To claim exemption from TDS, shareholders must submit: Form 121 Declaration for receipt of dividend without deduction of Tax; any other prescribed documents for lower withholding; documentary evidence if exempt from obtaining PAN.
  • Resident individual shareholders can submit Form 121 electronically through NSDL or CDSL.
  • Forms are available for download from RTA's website: https://rta.ndml.in/CoreRTAWeb/TaxForms-2026.zip.
  • All form fields are mandatory; incomplete forms may be rejected.
  • The valid tax period for Form 121 declarations is Financial Year 2026-27; prior period declarations are invalid.

For Resident Shareholders - Other than Individuals:

  • Nil/lower tax deduction is available for specific categories upon submission of self-declarations and documentation:

| Category | TDS Rate | Conditions/Documents Required |

| Insurance companies | Nil/Lower Tax | Self-Declaration (Annexure 1) of full beneficial interest; self-attested copy of registration certificate and PAN card. |

| Mutual Funds | Nil/Lower Tax | Self-Declaration (Annexure 1) for exemption under Schedule VII (table Sr no. 20 or 21) r.w.s section 11; self-attested copies of registration documents and PAN card. |

| Alternative Investment Fund (AIF) established in India | Nil/Lower Tax | Declaration (Annexure 1) of eligibility for exemption under Sr. No 1 of Schedule V (table Sr no. 1) r.w.s 11; established as Category I or Category II AIF under SEBI Regulations; self-attested copies of registration documents and PAN card. |

| New Pension System Trust | Nil/Lower Tax | Declaration (Annexure 1); self-attested copy of documentary evidence supporting exemption; self-attested copy of PAN card. |

| Finance company, Finance Unit and broker dealer located in International Financial Services Centre (IFSC) | Nil/Lower Tax | Declaration (Form 1 in Annexure 4); self-attested registration certificate and PAN card. |

| Other shareholders | Nil/Lower Tax | Declaration (Annexure 1); self-attested copy of documentary evidence supporting exemption; self-attested copy of PAN card. |

  • Shareholders with valid certificates or exemption certificates issued by income tax authorities under Section 395 may claim lower or nil rates.

For Non-Resident Shareholders (including FIIs and FPIs):

  • TDS is withheld at 20% (plus applicable surcharge and cess) under Section 393(2).
  • Option to be governed by Double Taxation Avoidance Agreement (DTAA) provisions if more beneficial under Section 159.
  • To avail DTAA benefits, non-resident shareholders must provide:

i. Self-attested copy of PAN card (if allotted); if PAN unavailable: name, email, contact number; foreign address; Tax Residency Certificate (TRC); Tax Identification Number or unique government identification number.

ii. Self-attested copy of Tax Residency Certificate (TRC).

iii. Self-declaration in Form No.41 valid for FY 2026-27 (duly uploaded on income tax portal).

iv. Self-declaration (Annexure 2) meeting treaty eligibility and beneficial ownership requirements.

v. For FIIs/FPIs: self-attested copy of SEBI registration certificate.

vi. Valid certificate under Section 395 for lower/nil deduction or exemption certificate.

vii. Documentary evidence for exemption under other laws (e.g., United Nations Act, 1947).

  • Formats and declarations available at: https://rta.ndml.in/CoreRTAWeb/TaxForms-2026.zip.
  • Beneficial DTAA rates apply only upon complete and satisfactory document review.
  • Self-declarations must be addressed to CEAT Limited in prescribed formats.

General Provisions:

  • Under Section 262, resident shareholders must link Aadhaar with PAN as per prescribed timelines; failure results in PAN being considered inoperative/invalid, triggering 20% TDS under Section 397.
  • Under Rule 203, if dividend income is assessable by someone other than the deductee, a declaration (Annexure 3) must be filed with the company.
  • Shareholders can claim refunds of excess tax deducted by filing income tax returns (subject to valid PAN).
  • No claims lie against the company for taxes deducted; shareholders are responsible for providing requisite information timely.

Deadline for Documentation:

  • All required documents must be emailed to tax.ndmlrta@ndml.in by July 7, 2026. No communications regarding tax determination/deduction will be entertained after this date.

Shareholder Record Updates:

  • Dematerialized shareholders must update tax residential status, PAN, email address, mobile number, and other details with their depositories through depository participants.
  • Physical shareholders must furnish details to Registrar and Transfer Agent NSDL Database Management Ltd. (NDML).
  • TDS deductions are based on records from depositories (electronic shares) or RTA (physical shares); no revisions to TDS returns will be entertained.

Bank Account Details Update:

  • Dematerialized shareholders must submit/update bank account details with their Depository Participant.
  • Physical shareholders must submit a covering letter duly signed, along with a cancelled cheque leaf (with name and account details), copy of PAN card, and KYC forms (self-attested) to NDML.
  • If cancelled cheque doesn't bear name, attach a self-attested copy of bank pass-book statement.
  • SEBI mandate (email dated January 17, 2024) requires physical shareholders to update KYC details, including bank information, for electronic payments of dividends, interest, or redemptions, effective April 1, 2024.
  • KYC forms and SEBI circulars available at: https://www.ndml.in/rta.php#forms_section.

IEPF Awareness:

  • Under Ministry of Corporate Affairs' 100 Days Campaign (Phase 2 effective April 1, 2026), shareholders are invited to update details and claim unpaid/unclaimed dividends before transfer to Investor Education and Protection Fund (IEPF).
  • Shareholders must ensure PAN, nomination, contact information, bank account details, specimen signatures, and other specified details are updated with the company or RTA.
  • Dividends are credited only to registered bank accounts.

Contact Information:

  • Registrar and Share Transfer Agent: NSDL Database Management Ltd.
  • Tel: 022-49142578/2636

Disclaimer:

  • The information provided is for general purposes only and does not constitute legal or tax advice. Shareholders should consult their tax consultants for specific implications.