Jubilant FoodWorks TDS Procedures for ₹1.20 Dividend

Date: July 20, 2026

Board recommended dividend of INR 1.20 (60%) per equity share of face value INR 2 each for FY ended March 31, 2026
Subject to shareholder approval at forthcoming Annual General Meeting
Record date: Friday, July 17, 2026
Payment within 30 days from AGM date if approved

10% TDS with valid PAN (Section 393(1) of Income Tax Act, 2025)
20% TDS without PAN, invalid PAN, or inoperative PAN (Section 397)
Nil TDS for individuals if total dividend ≤ Rs. 10,000 or with duly verified Form 121
Special categories with nil TDS: Mutual Funds, Insurance companies, Alternative Investment Funds (Category I/II), NPS Trust, certain corporations, Government, RBI
Required documentation: Self-declaration forms, PAN copies, registration certificates as applicable

Standard rate: 20% plus applicable surcharge and cess (Section 393(2))
Lower/Nil rate with certificate from tax authorities under Section 395(1)
Treaty rates available with documentation: PAN copy, Tax Residency Certificate, Form 41, Self-Declaration of No PE, SEBI Registration Certificate for FPIs
Application of treaty rates at Company's discretion based on documentation completeness

Rule 203: Declaration required if dividend income assessable to person other than registered shareholder
Multiple accounts under single PAN: Higher tax rate applicable to any status will apply to entire holding
Submission deadline: August 6, 2026 via RTA portal (MUFG Intime India Private Limited)
Late or incomplete documents will not be considered
TDS certificates will be emailed to registered email IDs
Shareholders responsible for any tax demands arising from misrepresentation

Dividend payments processed only through electronic mode
Shareholders must update bank account details, PAN, and KYC in demat accounts/physical folios
Company will not accept declarations via email - only through RTA portal
Documents available for download: Form 121, NR Shareholder declaration, Resident Shareholder Other Category declaration, Rule 203 declaration, Information Under Rule 217(2)