Donear Industries Final Dividend Rs 0.20 Tax Procedures

Date: August 23, 2026

The Board of Directors recommended a final dividend of Rs. 0.20 (@10%) per equity share of face value Rs. 2/- for Financial Year 2025-26 at its meeting held on May 30, 2026.
The dividend is subject to approval of shareholders at the ensuing 40th Annual General Meeting.
Dividend income is taxable in the hands of shareholders as per Income Tax Act, 1961 amended by Finance Act, 2025.

No TDS if total dividend does not exceed Rs. 10,000/- in financial year 2026-2027 for resident individual shareholders.
For dividend exceeding Rs. 10,000/-, various documentation requirements apply based on shareholder category:
Form No. 121 declaration for individuals (including those 60 years and older)
Lower/NIL withholding tax certificate from tax authority under Section 395(1)
Self-declaration from Insurance Companies with PAN
Self-declaration from Mutual Funds with PAN and registration certificate
Self-declaration from Alternative Investment Funds (Category I or II) with PAN and registration certificate

Foreign Institutional Investors (FIIs)/Foreign Portfolio Investors (FPIs): 20% TDS plus applicable surcharge and cess
Other Non-Resident Shareholders: 20% TDS plus applicable surcharge and cess OR lower Tax Treaty rate
Documents required for non-residents include:
PAN and legal entity status verification
SEBI Registration certificate (for FIIs/FPIs)
Valid Tax Residency Certificate (April 01, 2026 to March 31, 2027)
Digital Form 10F filed on Income-tax portal
Self-declaration covering treaty eligibility, beneficial ownership, and PE status
Additional documentation for Singapore residents regarding Article 24 of India-Singapore DTAA

All declarations and documents must be submitted through MUFG Intime India Private Limited's dedicated link by September 4, 2026, 5:00 PM IST
No communications received after the deadline will be considered for dividend payment
Documents must be submitted at: https://web.in.mpms.mufg.com/formsreg/submission-of-Form-121-41.html
Email communications will not be considered - only submissions through the official link

TDS will be deducted at 20% if PAN is not linked with Aadhaar as per Section 262 of Income Tax Act
Declaration under Rule 203 required if dividend income is assessable in hands of person other than deductee
For shareholders with multiple accounts under different status categories, highest applicable tax rate will be applied to entire holding

Dividend will be paid only through electronic mode as mandated by SEBI Circulars
Physical shareholders must provide PAN, nomination details, contact information, bank account details, and specimen signature
Shareholders must ensure bank account details are updated in demat accounts/physical folios for direct credit

Company will provide soft copy of TDS certificate at registered email ID upon request
TDS credit will be visible in Form 168 available through e-filing account at https://www.incometax.gov.in
Shareholders can claim refund through income tax return if higher TDS was deducted

This communication is not to be treated as tax advice from Donear Industries Limited or its affiliates
No claim shall lie against the Company for taxes deducted