Shriram Pistons & Rings Limited has informed the Exchange regarding 'Pursuant to the changes introduced by the Finance Act, 2020, Dividend Distribution Tax has been abolished with effect from 1st April, 2020 and the Dividend income has become taxable in the hands of the Shareholders.In this regard, please find enclosed an email communication which has been sent to all the Shareholders whose email addresses are registered with the Company/Company's Registrar & Share Transfer Agent viz. Alankit Assignments Limited or Depositories inter alia indicating the process and documentation required for claiming tax exemption on dividend.Kindly take the above information on record and treat this as compliance with SEBI Listing Regulations, 2015.

Shriram Pistons & Rings has informed shareholders about tax deduction at source (TDS) on its final dividend for FY 2024-25. The Board has recommended a total dividend of Rs. 10 per share (including Rs. 5 interim already paid), subject to approval at the 61st AGM on August 1, 2025. The record date is July 25, 2025, and payment will be made on or before August 30, 2025. TDS will be deducted at 10% for resident shareholders with a valid PAN (20% without PAN), and at 20% plus applicable surcharge and cess for non-resident shareholders, with DTAA benefits available. Resident individuals with total dividends up to Rs. 10,000 or with income below taxable limits (via Form 15G/15H) are exempt. Shareholders must submit required tax-exemption documents to the RTA (Alankit Assignments) by August 1, 2025.