Date: August 05, 2026

Dividend Declaration

  • Final dividend recommended @ ₹1.50 per equity share of face value ₹10/- for Financial Year 2025-26
  • Dividend subject to approval by members at the 25th Annual General Meeting scheduled for Tuesday, September 22, 2026
  • Record date fixed as Friday, September 11, 2026
  • Dividend will be paid within statutory timeframe if declared at AGM

Tax Deduction at Source (TDS) Requirements

For Resident Shareholders:

  • TDS applicable under Section 393(1) of Income Tax Act, 2025
  • Individuals/HUF/Indian Company/AOP/BOI/Trust: 10% TDS if aggregate dividend exceeds ₹10,000/- and PAN provided
  • 20% TDS if no PAN/invalid PAN/inoperative PAN
  • Exemption available for resident individuals claiming exemption with Form 121 declaration and PAN card
  • Specific exemptions for:
  • Insurance companies (Section 393(4)) with declaration, PAN, and IRDAI registration
  • Mutual Funds (Schedule VII(20)) with declaration, PAN, and SEBI registration
  • Alternative Investment Funds (Schedule V(1)) with declaration, PAN, and SEBI registration
  • NPS Trust (Schedule VII(41)) with declaration, PAN, and PFRDA registration
  • Corporations under Section 393(5) with appropriate documentary evidence

For Non-Resident Shareholders:

  • TDS applicable under Section 393(2) of Income Tax Act, 2025
  • FIIs/FPIs: 20% TDS plus applicable surcharge and cess, with declaration of investment route and SEBI registration
  • Other non-residents: 20% TDS plus applicable surcharge and cess
  • Lower treaty rates available with Tax Residency Certificate, Form 41 acknowledgement, and self-declaration covering:
  • Eligibility for treaty benefits considering Principal Purpose Test
  • Beneficial ownership of dividend income
  • No Permanent Establishment/fixed base in India

Additional Provisions

  • Lower withholding tax certificates under Section 395 accepted if valid for April 1, 2026 to March 31, 2027 and covering dividend income
  • Eligible IFSC units exempt from TDS under Section 400(1) with Form 1 as per CBDT Notification No. 28/2024
  • Shareholders with multiple accounts under same PAN subject to TDS at highest applicable rate on aggregate holding
  • Custodian shareholders may provide declaration under Rule 203 of Income Tax Rules, 2026 to transfer credit to beneficial owners

Shareholder Information Requirements

  • Shareholders classified based on depository/registrar records (NSDL/CDSL/MUFG Intime India Private Limited)
  • Demat holders must update tax residential status, legal entity status, PAN, email, mobile through depository participants
  • Physical shareholders must provide details to RTA: MUFG Intime India Private Limited
  • Bank account details must be updated with DP for demat shares or with RTA for physical shares using Forms ISR1, ISR2, SH13
  • Physical dividend instruments discontinued per SEBI Regulation 12 amendment effective November 19, 2025

Submission Deadlines and Procedures

  • All declarations/documents (except bank details) must be uploaded to https://web.in.mpms.mufg.com/formsreg/submission-of-Form-121-41.html
  • Absolute deadline for submission: Tuesday, September 8, 2026
  • No communications regarding tax determination/deduction accepted after deadline
  • Shareholders responsible for any tax demands arising from misrepresentation or omission
  • TDS credits visible in Form 168 available from income tax e-filing portal

Key Contacts

  • Company Secretary & Compliance Officer: Manishkumar Sangani (Membership Number: A24871)
  • Registrar & Transfer Agent: MUFG Intime India Private Limited (Formerly Link Intime India Private Limited)
  • Company email: company.secretary@krystal-group.com
  • Company website: https://krystal-group.com/dividend-information/