The Board of Directors recommended a dividend of Re. 1 per equity share (face value Rs. 10) at its meeting on 14th May 2026. This dividend is subject to approval at the 30th Annual General Meeting scheduled for 17th September 2026. If approved, it will be paid to shareholders on the record date of 10th September 2026, by 17th October 2026 electronically.

TDS Provisions

  • Resident Shareholders: TDS will be deducted at 10% under Section 393(1) of the Income-tax Act, 2025. Exemptions apply if the total dividend does not exceed Rs. 10,000 for individuals, or upon submission of Form 121 for nil deduction.
  • Non-Resident Shareholders: TDS will be deducted at 20% plus applicable surcharge and cess. They can claim benefits under Double Tax Avoidance Agreements (DTAA) by submitting a Tax Residence Certificate, Form 41, and a declaration of beneficial ownership.
  • Specific Categories: Insurance companies, mutual funds, Alternative Investment Funds (AIF), and NPS Trusts can submit self-declarations for lower or nil TDS rates.

Shareholder Requirements

Shareholders must update their PAN, bank account details, and email addresses with their Depository Participants or Bigshare Services Private Limited (RTA) by 10th September 2026. Required documents should be emailed to tds@bigshareonline.com and companysec@chemcrux.com.

Additional Information

  • The company reserves the right to verify documents and reject incomplete submissions.
  • Shareholders with multiple accounts under a single PAN will be taxed at the highest applicable rate.
  • Declarations under Rule 203 are required if dividend income is assessable in the hands of someone other than the deductee.
  • The communication includes annexures for declarations: Form 121 (for residents), Annexure 2 (for non-individual residents), Annexure 3 (for non-residents), and Annexure 4 (for beneficial ownership declarations).

Disclaimer

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