Date: 31.08.2026

Dividend Declaration

  • The Board of Directors, at its meeting held on 25th May 2026, recommended a dividend of Rs. 1.25 per equity share of face value of Re. 1 each for the financial year ended 31st March, 2026.
  • The dividend is subject to approval by shareholders at the 6th Annual General Meeting to be held on 26th September 2026.
  • The dividend will be paid in electronic form to shareholders of record as on 19th September 2026.
  • Payment will be made electronically to Members' bank accounts as mandated by SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated 7th May, 2024.

Tax Deduction at Source Procedures

For Resident Shareholders

  • TDS will be deducted @ 10% under section 393(1) [Table: Sr. No. 7] read with section 393(4) [Table Sr. no. 10] of the Income Tax Act, 2025
  • If shareholders do not have PAN/registered valid PAN details, TDS would be deducted @ 20% under section 393(1) [Table: Sl. No. 7] read with section 397(2)
  • No TDS if aggregate dividend does not exceed Rs. 10,000/- for individuals
  • No TDS if shareholders submit Form 121 (replacing Form 15G/15H) with self-attested copy of valid PAN
  • No TDS if shareholders furnish exemption certificate issued by Income-tax Department

For Resident Non-Individual Shareholders

  • No TDS ('Nil rate') for specific entities providing self-declaration: Insurance companies, Mutual Funds, Alternative Investment Funds (AIF), New Pension System Trust, Corporations under section 196, entities exempt under Schedule V
  • Lower/Nil withholding tax rate possible with certificate under Section 395 of IT Act

For Non-Resident Shareholders

  • TDS @ 20% (plus applicable surcharge and cess) under Section 393(2) [Table Sl. No 17] read with section 207(1) [Table Sl. No. 1]
  • Option to avail DTAA benefits by providing: PAN card (if available), Tax Residency Certificate, Form 41 from income tax portal, self-declaration of eligibility
  • For shareholders from Notified Jurisdictional Areas, TDS @ 30% (plus applicable surcharge and cess)
  • For Singapore tax residents, additional documentation required regarding Article 24 - Limitation of Relief

Submission Requirements

  • Deadline for submitting tax-related documents: 19th September 2026
  • Documents to be sent to RTA email: Investor.helpdesk@in.mpms.mufg.com or debabrata.belui@in.mpms.mufg.com
  • Documents include: Form 121, resident tax declaration forms, non-resident declaration forms, PAN details, exemption certificates

Record Date and Payment Details

  • Record Date: 19th September 2026
  • AGM Date: 26th September 2026
  • Dividend payment will be made only through electronic mode as per SEBI Notification No. SEBI/LADNRO/GN/2025/273 dated November 18, 2025
  • Shareholders must update bank details including 9-digit MICR Code and 11-digit IFSC Code with their depository participants

Registrar and Share Transfer Agent

  • MUFG Intime India Private Limited (SEBI Registration No.-INR000004058)
  • Addresses: C-101, 01st Floor, 247 Park LBS Marg, Vikhroli (West), Mumbai-400083 and Rasoi Court, 5th Floor, 20 Sir R N Mukherjee Road, Kolkata-700001

Additional Information

  • The communication was sent to shareholders via email on 22nd August 2026
  • Information is available on company website under 'shareholder information' at https://www.ddevgroup.in/investor-services
  • Shareholders must update PAN, email address, mobile numbers, and bank details with their depositories or RTA
  • Failure to update bank details will result in non-payment of dividend