Dai-ichi Karkaria Ltd has fixed August 19, 2026, as the deadline for shareholders to submit necessary documentation to determine the Tax Deducted at Source (TDS) rate on the recommended dividend of ₹1.50 per share. The company, in a communication dated July 15, 2026, detailed the tax implications and required declarations for residents and non-residents, emphasizing that tax rates will vary based on the shareholder's category and the validity of the Permanent Account Number (PAN). Failure to provide valid PAN or necessary exemptions will result in a higher TDS deduction of 20%.

The Board of Directors recommended the dividend of ₹1.50 per equity share of ₹10 each for the financial year ended March 31, 2026, subject to shareholder approval at the 66th Annual General Meeting (AGM) scheduled for August 27, 2026. Pursuant to the Income-tax Act, 2025, dividend income is taxable in the hands of shareholders, and the company is mandated to deduct tax at source at the time of payment. The company stated that the TDS certificate would be issued post-payout, and credit would be available in Form 168 on the income tax e-filing portal.

Shareholders holding shares in physical mode were advised to update their KYC details, including PAN and bank account information, to receive dividends electronically. The company referenced SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 and SEBI Circular No. SEBI/HO/MIRSD/ POD-1/P/CIR/2024/81, noting that dividends would not be paid via warrants or demand drafts to physical shareholders with unupdated details. Forms for updates such as ISR-1, ISR-2, and SH-13 are available on the Registrar and Transfer Agent's website.

TDS Rates and Documentation Requirements

The company outlined specific TDS rates and required documents for different shareholder categories. Resident shareholders generally face a 10% deduction, though exemptions exist for income up to ₹10,000 or if forms 15G/15H are submitted. Non-resident shareholders, including Foreign Institutional Investors (FII) and Foreign Portfolio Investors (FPI), are subject to a 20% rate or the applicable Tax Treaty rate, whichever is more beneficial, provided documents like the Tax Residency Certificate (TRC) are submitted.

Shareholders must submit declarations and documents via the specified link or email to investor@dai-ichiindia.com before the August 19, 2026, deadline. The company clarified that any communication received after this date would not be considered for the dividend payment, and shareholders would need to file income tax returns to claim refunds if taxes were deducted at a higher rate due to missing information.

Dai-ichi Karkaria Limited has formally notified BSE of a capacity expansion at its Dahej Plant, pursuant to Regulation 30(4)(d) read with Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation, filed on May 9, 2026, pertains to the expansion of the company's Alkoxylation project and was accompanied by a detailed annexure as required under the applicable SEBI Master Circular.

Alkoxylation Capacity Set to Double at Dahej

The company's existing Alkoxylation capacity at the Dahej Plant stands at approximately 5000 MT per annum, depending on product mix, and is currently operating at approximately 95% utilisation. The proposed expansion will add an equivalent capacity of approximately 5000 MT per annum, effectively doubling the total installed Alkoxylation capacity at the facility. The following table summarises the key details of the expansion as disclosed in the regulatory filing:

Investment and Financing

The total investment required for the capacity addition is Rs. 10 crores, which the company intends to fund entirely through internal accruals. This approach indicates that the expansion will be undertaken without recourse to external debt or equity financing, relying on the company's internally generated resources.

Rationale for Expansion

As stated in the regulatory disclosure, the rationale for the capacity addition is that the current Alkoxylation capacity is fully utilised, and additional capacity expansion will be required to support future growth. The near-complete utilisation rate of approximately 95% underscores the operational basis for the investment decision.

The intimation was signed by Ankit Shah, Company Secretary and Compliance Officer of Dai-ichi Karkaria Limited, and submitted to BSE Limited on May 9, 2026.