Protean eGov Technologies has fixed Friday, August 28, 2026, as the record date for shareholders to receive the final dividend for the financial year ended March 31, 2026. The company announced the date in a filing with stock exchanges on August 14, 2026, confirming that equity holders on record as of the specified date will be eligible for the payout. Additionally, the company issued a communication to shareholders regarding Tax Deduction at Source (TDS) / Withholding Tax on the final dividend for FY25-26 on August 17, 2026.

The Board of Directors had previously recommended a final dividend of ₹10 per equity share during its meeting held on May 20, 2026. This recommendation corresponds to a dividend rate of 100% on the face value of ₹10 per share. The proposal is pending formal approval by shareholders at the company’s upcoming Annual General Meeting (AGM). The final dividend shall be paid to eligible shareholders within 30 days from the date of the AGM.

Dividend Details

TDS Guidelines for Shareholders

Pursuant to the provisions of the Income Tax Act, 2025, dividend paid or distributed is taxable at the hands of the shareholders. The company is required to deduct tax at source at the time of making the payment. Shareholders are requested to submit necessary documents on or before Friday, August 28, 2026, to ensure correct deduction of tax.

Resident Shareholders

For resident shareholders, tax shall be deducted at source (TDS) @10% under Section 393(1) r.w.s 393(4) of the Act on the amount of dividend declared and paid during FY26-27. However, no TDS deduction applies if the dividend income does not exceed ₹10,000 in a financial year.

TDS rates may vary based on PAN status:

• Invalid/Inoperative PAN: TDS @20% under Section 397(2).
• PAN not linked with Aadhaar: PAN deemed in-operative; TDS @20%.
• Lower/Nil Tax Certificate: Rate specified in the certificate issued under Section 197.

Resident individual shareholders with valid PAN linked to Aadhaar can claim nil TDS for dividends exceeding ₹10,000 by submitting Form No. 121. Other exempt categories, such as LIC, GIC, Government entities, RBI, Mutual Funds, and NPS Trusts, must submit self-declarations along with relevant documentary evidence.

Non-Resident Shareholders

For non-resident shareholders, TDS is withheld in accordance with Section 393(2) of the Act. The applicable rates are:

• FIIs/FPIs/Other Non-Residents: 20% plus applicable surcharge and cess, or beneficial tax treaty rate if documents are furnished.
• Indian Branch of Foreign Bank: 35% plus surcharge and cess, or Nil if a lower tax certificate under Section 395(1) is provided.

To avail beneficial treaty rates, non-resident shareholders must submit a valid Tax Residency Certificate, Form 41, PAN (or declaration in lieu), and a self-declaration regarding beneficial ownership and permanent establishment status. Failure to furnish documents will result in TDS deduction at 20% plus surcharge and cess.

Regulatory Compliance

The intimation regarding the record date was issued pursuant to Regulation 42 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Maulesh Kantharia, Company Secretary & Compliance Officer, signed the disclosure.

Protean eGov Technologies is listed on both the BSE Limited and the National Stock Exchange of India Limited. Shareholders holding shares under multiple accounts under different status/categories with a single PAN should note that the higher of the tax rates applicable to the status will be considered on their entire holding. Any communication on tax determination received after the record date will not be considered.

Protean eGov Technologies shareholders have approved the appointment of Ajay Rajan as Managing Director and Chief Executive Officer (MD & CEO) for a three-year term effective June 1, 2026. The company announced the voting results of its postal ballot on August 17, 2026, confirming that all three resolutions sought from members were passed with the requisite majority.

The postal ballot process was conducted between July 17, 2026, and August 15, 2026, via the National Securities Depository Limited (NSDL) e-voting platform. The notice was dispatched to 212,657 registered members as of the cut-off date of July 10, 2026. S. N. Ananthasubramanian & Co. served as the scrutinizer for the process.

Voting Results

The resolutions received overwhelming support from institutional investors, who cast the majority of votes. Public non-institutional investors showed slightly lower but still significant approval rates.

The appointment of Mr. Rajan as a director was classified as an Ordinary Resolution, while his appointment as MD & CEO and the appointment of Mr. Saravade were treated as Special Resolutions. The remuneration package for Mr. Rajan’s role as MD & CEO was also approved as part of the special resolution.

Mr. Nandkumar Saravade has been appointed as a Non-Executive Independent Director for a first term of three years, also effective June 1, 2026. The voting results and the scrutinizer’s report are available on the company’s website and the NSDL e-voting portal.