Kalyani Investment Company Limited has established Friday, August 14, 2026, as the critical deadline for shareholders to submit tax-related documents and update bank details to ensure accurate Tax Deduction at Source (TDS) on its proposed ₹10 per equity share dividend. This communication clarifies that failure to provide necessary documentation by this date may result in higher withholding tax rates or delays in payment, making timely action essential for investors seeking to maximize their net dividend income. The dividend, representing a 100% payout on face value, remains subject to approval by members at the company’s 17th Annual General Meeting (AGM) scheduled for Thursday, September 17, 2026.

The company notified the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE) of these requirements on August 6, 2026, pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Under the Income Tax Act, 2025, dividend income is taxable in the hands of shareholders, mandating the company to deduct TDS at prescribed rates unless exemptions are claimed through valid documentation. The dividend payment is scheduled for on or before Friday, September 25, 2026, exclusively via electronic mode as per SEBI regulations prohibiting physical warrants.

Key Dates and Dividend Details

Shareholders must align their actions with the following timeline to ensure eligibility and correct tax treatment:

Eligibility is determined by shareholding records at the close of business on the record date. There is no book closure period; the record date serves as the definitive cutoff. Shareholders holding securities in dematerialized form will receive dividends based on data from National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL). Physical shareholders must have valid transmission requests processed by the cutoff.

TDS Provisions and Required Documents

The company has outlined distinct TDS rates and document requirements for different shareholder categories, all due by August 14, 2026.

Resident Shareholders

For resident individuals, TDS is deducted at 10% if a valid Permanent Account Number (PAN) is registered. If PAN is missing, invalid, or not linked with Aadhaar, the rate rises to 20% under Section 397(2) of the Act. No tax is deducted if the total dividend does not exceed ₹10,000 in Tax Year 2026-27, or if Form 121 is submitted meeting all eligibility conditions. Resident non-individuals such as Mutual Funds, Alternative Investment Funds (AIFs), and Insurance Companies can claim nil TDS by submitting self-declarations and registration certificates as specified in Annexure 2.

Non-Resident Shareholders

Non-residents face a default withholding tax rate of 20% plus applicable surcharge and cess under Section 393(2). To avail benefits under Double Tax Avoidance Agreements (DTAA), shareholders must submit a Tax Residency Certificate (TRC) for 2026-27, Form 41 declaration from the Income Tax portal, and proof of beneficial ownership. For Foreign Institutional Investors (FIIs) and Foreign Portfolio Investors (FPIs), SEBI registration certificates are also required. The company reserves the right to reject incomplete documents and apply standard rates.

Compliance and Submission Process

Shareholders must update their residential status, PAN, and bank account details with their Depository Participants or MUFG Intime India Private Limited, the Registrar and Transfer Agent. Physical shareholders must furnish specimen signatures and nomination details to enable electronic payments. Forms and declarations can be submitted via the RTA’s website or emailed to tdsforms@kalyani-investment.com . Any forms received after August 14, 2026, will not be considered. If shares are held under multiple accounts linked to the same PAN but with differing statuses, the highest applicable TDS rate will apply to the entire holding.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE029L01018/ada416ab-98c8-4aea-9974-91ce4996fec2.pdf

Kalyani Investment Company will hold its 17th Annual General Meeting (AGM) on Thursday, September 17, 2026, at 11:00 a.m. (I.S.T.). The meeting will be conducted through Video Conferencing (VC) or Other Audio Video Means (OAVM), allowing shareholders to participate remotely without physical presence.

The company notified the Bombay Stock Exchange and the National Stock Exchange of India Limited regarding the schedule on August 3, 2026. The Notice of the AGM and the Annual Report for the financial year 2025-26 will be sent exclusively in electronic mode to members who have registered their email addresses with the company, their Depository Participants, or the Registrar and Transfer Agent (RTA).

Access for Shareholders Without Registered Emails

In compliance with Regulation 36(1)(b) of the Listing Regulations, Kalyani Investment Company will send a separate letter to shareholders who have not registered email IDs. This letter will provide a weblink enabling access to the Annual Report for the financial year 2025-26 on the company’s website. The Notice of the AGM and the Annual Report will also be made available directly on the company’s website and submitted to the stock exchanges in due course.

Nihal Gupta, Company Secretary and Compliance Officer, issued the intimation. The company emphasized that all statutory documents related to the AGM will be accessible digitally, ensuring timely dissemination of information to all stakeholders.