Company Disclosure

Comfort Fincap Limited (Scrip Code: 535267) has issued a regulatory communication dated August 28, 2026, regarding tax deduction at source procedures for its proposed final dividend, pursuant to SEBI Listing Regulations Regulation 30.

Dividend Recommendation

The Board of Directors, at its meeting held on May 14, 2026, recommended a Final Dividend of 5% (₹0.10 per equity share of face value ₹2 each) for the financial year ended March 31, 2026. This is subject to approval by shareholders at the 44th Annual General Meeting (AGM).

Important Dates

The Register of Members and Share Transfer Books will remain closed from Tuesday, September 15, 2026 to Monday, September 21, 2026 (both days inclusive) for the AGM and to determine eligibility for the dividend. The record date for determining shareholders eligible to receive the dividend is Monday, September 14, 2026.

TDS Implementation

Pursuant to the Income-tax Act, 2025, dividend income is taxable in the hands of shareholders effective April 1, 2026. The company is required to deduct tax at source (TDS) when paying dividends, if declared at the AGM.

TDS Rates for Resident Shareholders

  • Generally 10% TDS where valid PAN is provided
  • 20% TDS if PAN is not furnished, invalid, or inoperative
  • No TDS if total dividend payable to a resident individual shareholder does not exceed ₹10,000 per year
  • No TDS for eligible shareholders who submit duly filled Form 121 with valid PAN

Special Categories with Nil TDS (upon submitting required documents):

  • Insurance companies (with IRDAI registration proof)
  • Government, RBI, specified corporations with tax-exempt income, and specified Mutual Funds
  • Category-I & II Alternative Investment Funds registered with SEBI
  • Shareholders with lower deduction certificate under section 395 of the Act

TDS for Non-Resident Shareholders

  • FII/FPI: 20% TDS or applicable tax treaty rate, whichever is lower
  • Other non-residents: 20% TDS or applicable tax treaty rate, whichever is lower
  • Required documents: PAN (or declaration if none), Tax Residency Certificate (TRC) for 2026-27, Form 41 for 2026-27, and self-declaration regarding permanent establishment and beneficial ownership

Document Submission Deadline

All required documents and forms (Form 121, Form 41, declarations, etc.) must be submitted to the Registrar and Transfer Agent, Bigshare Services Private Limited, on or before the record date of September 14, 2026. Documents can be sent to their office at Office No S6-2, 6th floor Pinnacle Business Park, Mahakali Caves Road, Andheri (East), Mumbai - 400093, or emailed to tds@bigshareonline.com.

Dividend Payment Method

Pursuant to SEBI Master Circular dated February 6, 2026, dividend will be paid only through electronic mode. Shareholders in physical mode must update bank details with RTA; demat holders must update details with their Depository Participant.

Additional Information

The communication is available on the company's website at www.comfortfincap.com. Shareholders can contact investor@bigshareonline.com or info@comfortfincap.com for clarifications. The company emphasizes this is not tax advice and shareholders should consult tax professionals.