Date: August 13, 2026

Dividend Declaration

The Board of Directors at its meeting held on April 27, 2026, recommended a Final Dividend of ₹2.50 per equity share (125%) of face value of ₹2 each for the financial year ended March 31, 2026. This dividend will be paid to eligible shareholders within 30 days of its declaration at the ensuing 121st Annual General Meeting (AGM).

TDS Provisions and Shareholder Requirements

FOR ALL SHAREHOLDERS - UPDATION OF DETAILS

All shareholders are required to ensure the following information is completed and/or updated in their demat accounts (for electronic holdings) or with MUFG Intime India Private Limited, the Company's RTA (for physical holdings):

  • Valid Permanent Account Number (PAN)
  • Residential status as per the Income Tax Act (Resident or Non-Resident for Tax Year 2026-27)
  • Category of the Shareholder (Mutual Fund, Insurance Company, AIF Categories, Government, FPI/FII, Individual, HUF, Firm, LLP, AOP, BOI, Artificial Juridical Person, Trust, Domestic Company, etc.)
  • Email Address
  • Residential Address

TDS RATES FOR RESIDENT SHAREHOLDERS

| Category | Applicable Tax Rate | Documents Required |

| Individual shareholders receiving aggregate dividend not exceeding ₹10,000 from the Company during Tax Year 2026-27 | Nil | Not applicable |

| Shareholders with valid PAN (including individuals receiving aggregate dividend > ₹10,000) | 10% | Update/verify PAN and residential status with Depository Participant or RTA |

| Mutual Funds | Nil | Self-attested copy of PAN, SEBI registration certificate, self-declaration under Schedule VII to section 11 of IT Act, 2025 |

| Insurance Companies | Nil | Self-attested copy of PAN, IRDAI registration certificate, self-declaration of beneficial ownership with documentary evidence |

| Category I and II Alternative Investment Fund | Nil | Self-attested copy of PAN, SEBI registration certificate, self-declaration that dividend income is not chargeable under 'Profit and Gains of Business or Profession' and exempt under Schedule V to section 11 of IT Act 2025 |

| Category III Alternative Investment Fund established in India | 10% | Not Applicable |

| Corporation established by Central Act exempt from income-tax | Nil | Self-declaration specifying Central Act, self-attested copies of PAN and relevant registration certificate |

| Shareholder submitting certificate under Section 395(1) of IT Act | Rate mentioned in certificate | Self-attested copy of certificate valid for Tax Year 2026-27 covering dividend income |

| Any other entity entitled to exemption from TDS | Nil | Valid self-attested documentary evidence supporting exemption entitlement |

TDS RATES FOR NON-RESIDENT SHAREHOLDERS

| Category | Applicable Tax Rate | Documents Required |

| Non-resident shareholders eligible for tax treaty benefits | Tax Treaty Rate OR 20% (plus applicable surcharge and cess) (whichever is lower) | Self-attested copy of PAN, Tax Residency Certificate (TRC) valid for Tax Year 2026-27, Digital Form 41, self-declaration covering eligibility for treaty benefits, beneficial ownership, no Permanent Establishment in India |

| Other Non-resident shareholders (except tax residents of Notified Jurisdictional Area) | 20% (plus applicable surcharge and cess) OR Tax Treaty Rate (whichever is lower) | Update/verify PAN and residential status; for lower rate: PAN copy, TRC, Digital Form 41, self-declaration covering treaty eligibility, beneficial ownership, no PE in India, no place of effective management in India, MLI compliance |

| Non-Resident Shareholders who are tax residents of Notified Jurisdictional Area | 30% | Not applicable |

| Submitting certificate under Section 395(1) of IT Act | Rate provided in certificate | Self-attested copy of certificate |

| Any other entity entitled to exemption from TDS | Nil | Self-declaration and valid self-attested documentary evidence supporting exemption |

Important Notes and Deadlines

  • As per SEBI Notification dated November 18, 2025, dividends will be paid only through electronic mode
  • Dividends will be withheld where bank details are inadequate or not registered for electronic remittance
  • Shareholders holding physical shares must register PAN and KYC details with the Company/RTA
  • Shareholders holding demat shares must update bank details with their Depository Participant(s)
  • PAN must be linked with Aadhaar as per Section 262(6) of Income Tax Act, 2025, otherwise PAN may be considered invalid
  • For shareholders with multiple accounts under different status/category with single PAN, higher applicable tax rate will be applied to entire holding
  • All documents must be submitted by Thursday, September 10, 2026, to MUFG Intime India Pvt. Ltd. at https://web.in.mpms.mufg.com/formsreg/submission-of-Form-121-41.html
  • No communication on tax determination/deduction will be entertained after September 10, 2026

Additional Provisions

  • Declaration under Rule 203 (Erstwhile Form 37BA) required for intermediaries/stock-brokers holding shares for beneficial members
  • Form 121 (Erstwhile Form 15G/15H) can be submitted only if shareholder's income tax payable on estimated total income for Tax Year 2026-27 is NIL
  • In case of joint shareholders, the first-named shareholder must furnish requisite documents
  • TDS credit will be visible in Form 168 (Erstwhile 26AS) for shareholders with valid PAN