Communication to the shareholders on deduction of tax at source on dividend is enclosed herewith

Sundram Fasteners has declared a second interim dividend of Rs 4.25 per share (425% on face value of Re 1) for FY 2025-26. The dividend is payable on May 25, 2026, to shareholders on the register as of May 8, 2026. Under the Income-Tax Act, 2025, the company will deduct TDS on the dividend at rates varying by shareholder category — 10% for resident individuals (or nil if dividend ≤ Rs 10,000 or valid Form 121 submitted), 20% for non-residents or those without PAN, and nil for specific exempt categories like mutual funds, insurance companies, government entities, and recognized provident funds. Non-resident shareholders can opt for treaty rates by submitting Form 41, PAN, and tax residency certificate. Documents must be submitted by May 11, 2026.