Date: August 13, 2026 (communication date), August 12, 2026 (shareholder letter date)

Dividend Declaration

  • The Board of Directors at its meeting held on May 18, 2026 recommended declaration of final dividend of ₹2.5 per fully paid-up equity share of face value of ₹10 each (25%) for Financial Year ended March 31, 2026.
  • The dividend is subject to approval at the Annual General Meeting scheduled for Wednesday, September 16, 2026.
  • Record date for determining eligibility: Tuesday, August 18, 2026.
  • Payment will be made to shareholders holding equity shares on or after September 16, 2026.

TDS Compliance Requirements

Shareholder Information Updates Required by August 18, 2026:

  • Residential status (Resident or Non-Resident for Tax Year 2026-27)
  • Valid PAN (if allotted)
  • Category of shareholder
  • Email address
  • Residential address with postal code (including country)

TDS Rates for Resident Shareholders:

  • Mutual Funds (SEBI registered): Nil TDS under Section 393(5)(d)
  • Government: Nil TDS under Section 393(5)(a)
  • Alternative Investment Funds (Category I & II): Nil TDS
  • Category III AIF IFSC: 10% TDS under Section 393(2) [Table: Sr. No. 16] plus surcharge and 4% cess
  • National Pension System Trust: Nil TDS under Section 393(9)
  • Insurance companies (IRDAI registered): Nil TDS under Section 393(4) [Table: Sr. No. 10]
  • Resident Individuals: Nil TDS under Section 393(4) [Table: Sr. No. 10] if aggregate dividend ≤ ₹10,000 or Form 121 submitted
  • Eligible resident shareholders: Rate as per lower deduction certificate under Section 395
  • Other resident shareholders: 10% TDS under Section 393(1) [Table: Sr. No. 7] with valid PAN, or 20% without PAN under Section 397(2)

TDS Rates for Non-Resident Shareholders:

  • Foreign Institutional Investors/Foreign Portfolio Investors: 20% TDS under Section 393(2) [Table: Sr. No. 15] plus surcharge and 4% cess
  • Other non-resident shareholders: 20% TDS under Section 393(2) [Table: Sr. No. 17] plus surcharge and 4% cess
  • Category III AIF IFSC: 10% TDS under Section 393(2) [Table: Sr. No. 16] plus surcharge and 4% cess
  • All non-resident shareholders may claim lower rates under DTAA by submitting required documentation

Documentation Requirements

Deadline for Submission: Friday, August 21, 2026 (5:00 PM IST)

Required Documents for Various Categories:

  • Mutual Funds/Government: Self-declaration with exemption certificate (Annexure 1)
  • Foreign Investors: PAN details (Annexure 2), TRC, Form 41 (Annexure 3), self-declaration of no Permanent Establishment (Annexure 4)
  • Resident Individuals: Form 121 for exemption from TDS
  • Lower TDS Certificate: Section 395 certificate from Income Tax Authority

Payment Method Requirements

  • Pursuant to SEBI (Listing Obligations and Disclosure Requirements) (Fifth Amendment) Regulations, 2025 notified on November 19, 2025, dividend payment will be made only through electronic mode.
  • Physical shareholders must update KYC details (valid PAN, contact details, bank account details, specimen signature) with RTA.
  • Dividend will be withheld if KYC details are not updated for physical holdings or bank details not updated for demat holdings.

PAN-Aadhaar Linking Requirement

  • Section 262 of IT Act, 2025 requires PAN-Aadhaar linking for eligible individuals.
  • Failure to link will result in PAN being deemed invalid/inoperative, triggering 20% TDS under Section 397(2).

Registrar and Share Transfer Agent:

MUFG Intime India Private Limited (Formerly Link Intime India Private Limited)

C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai – 400083

Company Contact:

Not Specified Sections

No material disclosures under the following sections: Financial Results, KMP/Board/Auditor Changes, Board Meeting Outcomes (beyond dividend), Auditor's Report, Disinvestment/Strategic Actions, Media Release/Investor Communication.