Date: 16.06.2026

Dividend Declaration

  • The Board of Directors at its meeting held on 28th May, 2026 recommended payment of final dividend of ₹2.50 per equity share of ₹10 each for the year ended 31st March, 2026
  • Dividend payment is subject to approval at the Annual General Meeting scheduled on 20th August, 2026
  • Dividend will be paid within 30 days from the date of the AGM if approved
  • Register of Members and Share Transfer Books will remain closed from Friday, 14th August, 2026 to Thursday, 20th August, 2026 (both days inclusive)
  • Eligibility determined based on names appearing in Company's Register of Members on Thursday, 13th August, 2026

TDS Provisions

  • Dividend declared and paid by the Company is taxable in the hands of members under Income Tax Act, 2025 as amended by Finance Act, 2026
  • Company is required to deduct tax at source (TDS) from dividend paid at applicable rates

KYC Requirements

  • SEBI Circular mandates dividend payment only through electronic mode effective April 1, 2024
  • Members must furnish PAN, choice of nomination, contact details including mobile number, bank account details and specimen signature
  • Physical shareholders must update details with Registrar and Transfer Agent M/s. Maheshwari Datamatics Pvt. Ltd., 23 R.N. Mukherjee Road, 5th Floor, Kolkata-700001
  • Demat shareholders must keep bank details updated with their depository participants
  • If KYC details not updated, dividend will be withheld by the Company

Resident Member TDS Rates

  • No TDS if dividend amount does not exceed ₹10,000 during financial year
  • With PAN (exceeding ₹10,000): 10.0%
  • Without PAN/Invalid PAN: 20%
  • Non-linking of PAN and Aadhaar: 20%
  • Submitting Form 121: NIL (for individuals 60 years and older meeting certain conditions)
  • Insurance companies exempted under Section 194: NIL
  • Alternative Investment Funds (AIF): NIL (Category I or II AIF under SEBI regulations)
  • New Pension System Trust: NIL
  • Other exempted shareholders: NIL with supporting documentary evidence

Non-Resident Member TDS Rates

  • Standard rate: 20% plus surcharge and cess
  • Foreign Institutional Investors/FPIs: 20% plus applicable surcharge and cess
  • Other non-residents: 20% plus applicable surcharge and cess OR Tax Treaty Rate (whichever is less)
  • Documents required for treaty benefits: Indian PAN, Tax Residency Certificate, Form 10F, self-declaration of beneficial ownership
  • Lower/NIL withholding tax certificate under Section 197 also acceptable

Important Deadlines and Procedures

  • All document submission links disabled after 23:59 hours on Thursday, 13th August, 2026
  • For joint shareholders, the first named shareholder must furnish requisite documents
  • Documents must be submitted through specified online links only (email/hand delivery not accepted)
  • Documents required to be submitted once in financial year (April 2026-March 2027) unless status changes
  • Previous submissions not valid - fresh documents required for FY 2026-27
  • TDS certificates will be emailed to registered email IDs post dividend payment
  • TDS credit visible in Form 26AS available from e-filing account

Company Disclaimers

  • Company not obligated to apply beneficial DTAA rates without complete documentation
  • For FIIs/FPIs, TDS rate of 20% not reducible even with DTAA benefits or lower tax deduction orders
  • No claims against Company for taxes deducted at higher rates due to insufficient documentation
  • Shareholders may file income tax returns to claim appropriate refunds if eligible

Not Specified: KMP/Board/Auditor Changes, Financial Results, Auditor's Report, Disinvestment/Strategic Actions, Media Release/Investor Communication