Dividend Declaration

The Board of Directors has declared a 2nd interim dividend of ₹14.40 per equity share for the financial year 2026-27.

TDS Procedures for Resident Shareholders

  • For resident individual shareholders with valid PAN linked to Aadhar: TDS deducted at 10% under section 393(1) of Income-tax Act, 2025
  • No TDS deduction if:
  • Aggregate dividend during tax year does not exceed ₹10,000
  • Individual shareholder below 60 years submits valid Form No. 121
  • Individual shareholder 60 years or above submits valid Form No. 121
  • Where PAN is unavailable or invalid: TDS deducted at 20% plus surcharge and education cess
  • No TDS deduction for specific resident non-individuals if they provide required documents by November 13, 2026 to RTA KFin Technologies Limited:
  • Insurance Companies: Self-declaration of beneficial interest, PAN copy, IRDA registration
  • Alternative Investment Funds (AIF): Self-declaration of exemption under section 11, PAN copy, SEBI registration as Category I or II AIF
  • Mutual Funds: Self-declaration of SEBI registration and notification under Section 11, PAN copy, SEBI registration certificate
  • Other specified non-individual shareholders: Documentary evidence supporting exemption with PAN copy

TDS Procedures for Non-Resident Shareholders

  • Tax deducted at applicable rates under Income-tax Act
  • Non-resident shareholders can opt for DTAA benefits if more beneficial by submitting required documents by November 13, 2026 to RTA:
  • Self-attested PAN copy (if allotted)
  • Self-attested Tax Residency Certificate (TRC)
  • Self-declaration in Form No. 41 filed electronically
  • Self-declaration of DTAA eligibility in prescribed format
  • No Permanent Establishment Declaration in prescribed format
  • For FIIs/FPIs: SEBI registration certificate
  • For Singapore tax residents: Declaration meeting Article 24 requirements of India-Singapore tax treaty
  • Company is not obligated to apply beneficial DTAA rates if documentation is incomplete or unsatisfactory

Important Deadlines

All documents for claiming TDS relief/exemption must be submitted by November 13, 2026. No requests will be accepted after this date.

Shareholder Requirements

  • Demat shareholders must update tax residential status, PAN, email, mobile, bank details (including 9-digit MICR and 11-digit IFSC) with their depositories through DPs
  • Physical shareholders must update KYC details with RTA KFin Technologies Limited
  • All dividend payments will be made electronically only; no physical warrants/cheques/drafts
  • Failure to update KYC/bank details will result in dividend being withheld

Document Submission

Scanned copies of duly signed documents must be emailed to dividendtax@greatship.com and einward.ris@kfintech.com by November 13, 2026

Additional Requirements

  • Mandatory PAN-Aadhar linking for individual taxpayers
  • Original documents to be sent to Company's registered office or RTA address: KFin Technologies Ltd., Karvy Selenium, Tower B, Plot 31-32, Gachibowli, Financial District, Nanakramguda, Hyderabad - 500 032
  • Residential status determined from Company/RTA/DP records as of November 13, 2026

Post-Deduction Process

  • TDS certificates will be emailed to shareholders' registered email IDs
  • TDS credit visible in Form No. 168 available from e-filing account
  • Shareholders can file income returns to claim refund if eligible
  • No claims against Company for TDS deducted/withheld
  • Incomplete/unsigned forms will not be considered

Disclaimer

The communication is not tax advice; shareholders should consult tax professionals for tax matters.