Dynemic Products has scheduled its 36th Annual General Meeting for Monday, September 28, 2026, at 3:00 pm. The meeting will be conducted through Video Conferencing or Other Audio Visual Means in accordance with applicable provisions of the Companies Act, 2013, and relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

The company stated that the Notice of the AGM along with the Annual Report for FY25-26 will be sent only in electronic mode to members whose email addresses are registered with the company or their depository participants. Shareholders who have not registered their email IDs will receive a letter containing the web-link and exact path to access the Integrated Annual Report.

Members holding shares in dematerialized mode who have not registered their email addresses are requested to update this information with their respective depository participants. Physical shareholders must submit Form ISR-1 to the Registrar and Transfer Agent, Bigshare Services Pvt. Limited, to update their contact details.

The AGM Notice and Annual Report will also be available on the company’s website and the websites of BSE Limited and National Stock Exchange of India Limited. Members can attend and participate in the meeting exclusively through the VC/OAVM facility. Instructions for joining the meeting will be provided in the AGM Notice.

Shareholders will have the opportunity to cast their votes remotely on the business items set forth in the Notice through an electronic voting system. The manner of remote e-voting and e-voting during the AGM for members holding shares in both dematerialized and physical modes will be detailed in the Notice to members.

Dynemic Products has recommended a final dividend of ₹1.50 per share for the financial year ended March 31, 2026. The Board of Directors approved the payout at its meeting held on May 29, 2026. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting.

The company has intimated that tax will be deducted at source (TDS) on the dividend payments in accordance with the provisions of the Income Tax Act, 1961, as amended by the Finance Act, 2020. Shareholders are required to submit specific documents to determine the correct withholding rate applicable to their status.

Tax Deduction Rates

The applicable TDS rates vary based on the shareholder's residency status and compliance with regulatory requirements. The company has outlined the following rates for different categories:

Resident individuals are exempt from TDS if the total dividend amount does not exceed ₹10,000 or if they submit valid Forms 15G or 15H. Resident non-individuals, such as insurance companies and mutual funds, are exempt if they provide specific declarations and registration certificates.

Documentation Requirements

To avail lower or nil TDS rates, shareholders must provide valid documents. Non-resident shareholders seeking benefits under Double Tax Avoidance Agreements (DTAA) must submit a Tax Residency Certificate (TRC) for the period April 1, 2025, to March 31, 2026, and a self-attested copy of their PAN. They must also provide a declaration confirming they meet treaty eligibility requirements.

The company has specified a deadline of July 31, 2026, for the submission of all tax-related documents. Forms such as 15G, 15H, and declarations under Section 197 can be uploaded via the registrar's link. Documents received after this date may not be considered, potentially resulting in higher TDS deduction.

Payment and Compliance

The dividend will be paid after deducting the applicable tax. Shareholders holding shares in physical form must ensure their bank details, PAN, and nomination details are updated, as SEBI mandates dividend payments only through electronic mode from April 1, 2024. The company emphasized that any tax deducted at a higher rate due to missing documents can be claimed as a refund by the shareholder in their income tax return.