Radico Khaitan Rs 9/Share Dividend TDS Procedure

Dividend Recommendation

The Board of Directors, at their meeting held on May 6, 2026, recommended a dividend of ₹9 per equity share (450%) with a face value of ₹2 each for the financial year 2025-2026.

Shareholder Approval Requirement

The dividend payment is subject to approval by shareholders at the ensuing Annual General Meeting (AGM) scheduled to be held on August 7, 2026.

Record Date

The dividend, if approved, will be paid to members whose names appear in the Register of Members or as Beneficial Owners in depository records at the close of business hours on Friday, July 24, 2026.

TDS Framework

The company will deduct tax at source (TDS) on dividend payments as per the Income Tax Act, 2025 and Income Tax Rules, 2026. Rates vary based on shareholder residential status and category.

Key Deadlines

All required declarations and documents must be submitted to the company's Registrar and Transfer Agent, Kfin Technologies Limited, via their portal at https://ris.kfintech.com/clientservices/investors/taxformsupload.aspx on or before Friday, July 24, 2026.

TDS Rates and Documentation Requirements

For Resident Individual Shareholders:

• Valid PAN: 10% TDS if aggregate dividend during Tax Year 2026-27 exceeds ₹10,000. Requires PAN and residential status verification.
• Without PAN/Invalid PAN: 20% TDS under Section 397(2) of the Act.
• Form 121 Submission: Nil TDS on dividend amount for which Form 121 is furnished, subject to eligibility conditions and company discretion.
• Exemption Certificate: Nil or certificate rate as per exemption certificate issued by Income-tax Department.

For Resident Non-Individual Shareholders (Nil TDS with documentation):

• Insurance Companies: Self-declaration of qualification as 'Insurer' under Insurance Act, 1938, PAN copy, and IRDA/LIC/GIC registration certificate.
• Mutual Funds: Self-declaration of SEBI registration, PAN copy, and SEBI registration certificate.
• Alternative Investment Fund: Self-declaration of exemption under Schedule V to section 11 of the Act, SEBI registration as Category I or II AIF, PAN copy, and AIF registration certificate.
• National Pension System (NPS) Trust: Self-declaration of qualification as NPS Trust, exemption eligibility, and PAN copy.
• Other Non-Individual Shareholders: Applicable rates with self-attested documentary evidence supporting exemption and PAN copy.

For Non-Resident Shareholders:

• Default Rate: 20% (plus applicable surcharge and cess) unless lower certificate or DTAA benefits apply.
• DTAA Benefits: Require submission of:

i. Self-attested PAN copy

ii. Self-attested Tax Residency Certificate (TRC) for 2026-27

iii. Self-declaration in Form 41 for Tax Year 2026-27

iv. Self-declaration of meeting treaty eligibility and beneficial ownership requirements

v. SEBI registration certificate (for FII/FPI)

vi. For Singapore tax residents: evidence demonstrating non-applicability of Article 24 - Limitation of Relief under India-Singapore DTAA

Lower/NIL Withholding Certificate

Shareholders may submit certificate under Section 395(1) of the Income Tax Act, 2025 for lower/NIL withholding of taxes, with self-attested copy to the company.

Additional Guidelines

• PAN-Aadhaar Linkage: Failure to link PAN with Aadhaar will result in PAN being deemed invalid/inoperative and TDS deduction at 20% under Section 397(2).
• Declaration under Rule 203: Required if dividend income is assessable in hands of person other than deductee.
• Multiple Accounts: Higher tax rate applicable to different residential status/category will be considered on entire shareholding under single PAN.
• Verification: Company reserves right to verify PAN details through income tax department utilities.
• Institutional Submission: Resident and non-resident non-individual members may submit documents through custodians registered with NSDL for tax services.
• Member Responsibility: Members are responsible for any tax demands arising from misrepresentation or omission of information.
• Refund Process: Excess tax deducted can be claimed via income tax return filing; no claims against company.

TDS Certificate and Tax Credit

Company will email soft copy of TDS certificate to members' registered email id post dividend payment. Tax credit can be viewed in Form 168 on TRACES (https://www.tdscpc.gov.in) or income tax e-filing portal.

Mandatory KYC and Electronic Payment

• SEBI Master Circulars mandate complete KYC details including PAN linked with Aadhaar, postal address, mobile number, email, bank account details, and specimen signature.
• Folios lacking KYC details cannot lodge grievances or avail service requests until compliance is completed.
• Dividend will be paid only through electronic mode to all shareholders, including physical folio holders, as per SEBI Listing Regulations.
• Demat holders must update bank details with Depository Participants; physical holders must update with RTA.

Disclaimer

The communication summarizes tax provisions and is not complete tax advice. Members should consult tax professionals for their specific tax matters.