Pidilite Industries Dividend Tax Deduction Procedures

Date: 18th June, 2026

The Board of Directors recommended a Dividend of ₹11.50 per Equity Share of Re. 1/- each for the Financial Year ended 31st March, 2026 at their meeting held on 7th May, 2026.
The dividend will be payable post approval of shareholders at the ensuing Annual General Meeting.
Dividend income is taxable in the hands of shareholders as per the Income Tax Act, 2025.
The Company will deduct tax at source (if applicable) at the time of dividend payment.

Individuals with valid PAN: 10% TDS rate, exempt if total dividend during tax year 2026-27 does not exceed ₹10,000 or if Form 121 is submitted
Individuals without PAN/PAN discrepancy: 20% TDS rate as per section 397(2) of the Act
Non-Individuals: Nil TDS for specific entities (Insurance Companies, Mutual Funds, AIFs, NPS Trust) with required declarations and documentation
Form 121 can be submitted electronically through CDSL (https://www.cdslindia.com/Form121/Form121Login.aspx) or NSDL (SPEED-e Mobile App or IDeAS)

20% TDS rate (plus applicable surcharge and cess) as per domestic tax law
DTAA benefits available upon submission of Form 41 online at https://eportal.incometax.gov.in/ and supporting documentation
Required documents: Treaty eligibility self-declaration (Annexure 3), SEBI registration certificate (for FIIs/FPIs), PAN card if allotted
Specific requirements for Singapore tax residents regarding Article 24 - Limitation of Relief

All tax-related documents must be submitted on or before Friday, 10th July 2026
Documents can be uploaded at: https://web.in.mpms.mufg.com/formsreg/submissionof-Form-121-41.html
Email submissions: Resident Shareholders - csgexemptforms2627@in.mpms.mufg.com; Non-Resident Shareholders - investor.relations@pidilite.co.in
Documents submitted after 10th July 2026 will be accepted at the sole discretion of the Company

Dividend will be paid in electronic mode only after deducting applicable TDS
Shareholders must ensure bank account details are updated and KYC compliant in their demat accounts/physical folios
Physical shareholders must furnish PAN, Choice of Nomination (optional), Contact Details, Bank Account Details, and Specimen Signature to the Company/RTA
SEBI mandates electronic dividend payments for all shareholders

Rule 203 declaration required if dividend income is assessable in hands of person other than deductee
Higher tax rate applicable for shareholders with multiple accounts under different status/category with single PAN
Shareholders can claim refund through income tax return if higher TDS deducted
Tax credit can be viewed at TRACES (https://www.tdscpc.gov.in/app/login.xhtml) or Income Tax e-filing portal

Annexure 1: Form 121 for receipt of certain incomes without deduction of tax
Annexure 2: Declaration regarding Category and Beneficial Ownership of shares for resident non-individual shareholders
Annexure 3: Declaration regarding Tax Residency and Beneficial Ownership for non-resident shareholders