Communication to Shareholders - Intimation on Tax Deduction on Dividend

Himadri Speciality Chemical Ltd has informed shareholders about TDS (Tax Deducted at Source) requirements for the dividend of Re 0.80 per equity share (80% on face value of Re. 1) for FY 2025-26. The dividend will be paid after shareholder approval at the 38th AGM on 11 June 2026. For resident individuals, TDS of 10% applies if dividend exceeds Rs 10,000 and valid PAN is provided, rising to 20% without valid PAN. Insurance companies, mutual funds, and SEBI-registered AIFs can claim exemption with proper documentation. Non-resident shareholders face 20% TDS (plus surcharge and cess) but can claim DTAA benefits by submitting Form 41, Tax Residency Certificate, and other documents. Shareholders must submit required forms by 2 June 2026 to enable appropriate TDS rates.