Date: August 6, 2026

Dividend Declaration or Non-Declaration

Type: Final dividend for FY 2025-26

Amount: ₹0.40 (Rupees Forty paise) per equity share of face value of ₹1 each

Board Meeting Date: Friday, 22nd May, 2026 (recommendation date)

AGM Date: Wednesday, 23rd September, 2026 (approval required)

Record Date: Wednesday, 16th September, 2026

Payment Timeline: After 23rd September, 2026, subject to TDS deduction

TDS Procedures and Rates

The document provides detailed TDS procedures under Income Tax Act, 2025:

Resident Individual Shareholders with valid PAN

  • TDS Rate: 10%
  • Exemption conditions:
  • Total dividend during tax year 2026-27 does not exceed ₹10,000
  • Submission of Form 121 - Part A (all fields mandatory)
  • Exemption certificate from Income Tax department
  • Higher rate of 20% applicable if no PAN/invalid PAN/PAN not linked with Aadhar

Resident Non-Individual Shareholders

  • TDS Rate: Nil (with documentation)
  • Documentation requirements by entity type:
  • Insurance Companies: Self-declaration as 'Insurer' per Insurance Act, 1938 + PAN + IRDA/LIC/GIC registration
  • Mutual Funds: SEBI registration declaration + PAN + exemption under Schedule VII
  • Alternative Investment Funds (AIF): SEBI registration as Category I/II AIF + PAN + exemption under Schedule V
  • NPS Trust: Self-declaration as NPS trust + PAN + exemption under Schedule VII
  • Other non-individuals: Documentary evidence supporting exemption + PAN

Non-Resident Shareholders

  • TDS Rate: 20% (plus applicable surcharge and cess)
  • Documentation requirements:
  • Form 41 filing mandatory for DTAA benefit claims
  • Self-declaration of treaty eligibility and beneficial ownership
  • SEBI registration certificate for FIIs/FPIs
  • PAN card copy
  • Special requirements for Singapore tax residents: Evidence demonstrating non-applicability of Article 24 Limitation of Relief

Submission Requirements and Deadlines

Document Submission Deadline: Wednesday, 9th September, 2026

Submission Methods:

  • Online portal: https://www.aarthiconsultants.com/investors/login.php
  • Physical documents to RTA: Aarthi Consultants Private Limited, Unit: SMS Pharmaceuticals Limited, # 1-2-285, Street No: 7, Domalaguda, Hyderabad-500029, Telangana, India

Additional Provisions

  • Rule 203 Declaration: Required if dividend income assessable in hands of person other than deductee
  • Multiple Accounts: Higher tax rate applicable to entire holding if shares held under different status categories with single PAN
  • Payment Method: Electronic mode only
  • NSDL TAX Service: Available for resident and non-resident non-individual members through registered custodians

SEBI Compliance Requirements

  • Dividend payment to physical shareholders: Electronic mode only mandated
  • Physical shareholders must furnish: PAN, Choice of Nomination (optional), Contact Details (Postal Address with PIN and Mobile Number), Bank Account Details, Specimen Signature
  • Demat shareholders: Update bank details with depository participant
  • Reference: SEBI Master Circular dated February 6, 2026 and related SEBI Circulars, Regulation 12 of SEBI (Listing Obligations and Disclosure Requirements) Regulations

Annexures Provided

  • Annexure 1: Form 121
  • Annexure 2: Declaration regarding Category and Beneficial Ownership of shares
  • Annexure 3: Declaration regarding Tax Residency and Beneficial Ownership of shares
  • Annexure 4: Declaration under Rule 203