Communication to shareholders- Intimation of Tax Deduction At Source (TDS)

Premier Energies has declared a 2nd interim dividend of Rs 0.75 per equity share (75%) for FY 2025-26, approved at the Board Meeting on May 4, 2026. The record date for dividend eligibility is May 9, 2026. This follows an earlier 1st interim dividend of Rs 0.25 per share (25%) already paid during the year, bringing total interim dividends to Rs 1.00 per share (100%). The company is required to deduct TDS on the dividend per Income-tax Act 2025 provisions as amended by Finance Act 2026, effective April 1, 2026. Resident individuals receiving total dividend up to Rs 10,000 for FY 2026-27 are exempt from TDS, while other shareholders face TDS rates ranging from 0% to 20% depending on category and documentation provided.