Symphony Limited has issued a communication regarding the Tax Deduction at Source (TDS) provisions applicable to the final dividend of ₹5.00 (250%) per equity share for FY 2025-26. The dividend, declared by the Board on May 15, 2026, is payable to shareholders whose names appear in the Register of Members as on the record date of Friday, July 17, 2026. The company has mandated that dividends will be paid exclusively through electronic modes approved by the Reserve Bank of India, effectively discontinuing the issuance of physical warrants, cheques, or drafts.

Mandatory Shareholder Details

To ensure compliance with TDS regulations under the Income-tax Act, 2025, all shareholders must update specific details with their depository participant or the registrar and share transfer agent by the record date. Required information includes residential status (Resident or Non-Resident for TY 2026-27), a valid Permanent Account Number (PAN), shareholder category, email ID, and address. Shareholders holding shares in physical form must submit Form ISR-1, ISR-2, or SH-13, along with a cancelled cheque and client master form, to M/s. Bigshare Services Private Limited.

TDS Rates and Documentation

The applicable TDS rate varies based on the shareholder's category and residential status. For resident shareholders, Mutual Funds registered with SEBI and Category I and II Alternative Investment Funds (AIFs) are subject to a 0% TDS rate upon submission of valid declarations and registration certificates. Other resident shareholders face a 10% TDS rate, though this is waived if the aggregate dividend distribution does not exceed ₹10,000 or if valid Form 121 is furnished. In the absence of a valid PAN, TDS will be deducted at 20%.

Non-resident shareholders, including Foreign Portfolio Investors (FPIs) and Foreign Institutional Investors (FIIs), are subject to a 20% TDS rate plus applicable surcharge and cess. To claim benefits under the Double Tax Avoidance Agreement (DTAA), non-residents must submit a Tax Residency Certificate, self-declaration in Electronic Form 41, and a declaration confirming no Permanent Establishment in India. Category I and II AIFs among non-residents are eligible for 0% TDS provided they submit valid SEBI registration and exemption declarations.

Compliance and Submission Deadlines

Shareholders must email self-attested documents to tds@bigshareonline.com and investors@symphonylimited.com or send physical copies to Bigshare Services Private Limited in Mumbai on or before Friday, July 17, 2026. The company cautioned that documents received physically after the cutoff date will not be considered. Failure to provide complete or accurate information may result in TDS being deducted at the maximum applicable rate. Shareholders can claim refunds for any excess tax deducted by filing their income tax returns.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE225D01027/6d9b3093-a76f-4a13-b456-2ea115826862.pdf

Symphony Limited achieved a 67% reduction in customer complaints during FY 2025-26, driven by a strengthened customer-care team and a centralized digital grievance management system. The company’s Business Responsibility and Sustainability Report (BRSR) highlights that women now represent 43% of its Board, up from 33% in the previous year, while the share of gross wages paid to women also increased. The company planted 22,491 saplings under its “Symphony Gram Vans” initiative, contributing to an estimated reduction of 1715.06 tonnes of CO₂ equivalent.

Environmental Stewardship

The company expanded its greenhouse gas accounting framework to include a comprehensive Scope 3 assessment covering all relevant categories. Total Scope 3 emissions for FY 2025-26 were reported at 23,18,353.96 tCO₂e, an increase attributed to wider coverage following the addition of categories for use phase and end-of-life treatment. The share of reprocessed, non-virgin content in raw materials rose from 10% to 26% during the year. Additionally, 73% of input material was sourced directly from MSMEs and small producers, up from 51% in the previous year.

Operational Metrics

Symphony Limited operates an asset-light model with one plant and 34 office locations in India, alongside four international plants. The company reported a turnover of ₹762.90 Crores for the year. It achieved 100% training coverage for employees and workers on health and safety measures. No safety-related incidents or complaints regarding sexual harassment were reported during the year. The company also fulfilled its Extended Producer Responsibility (EPR) obligations for e-waste and plastic packaging waste.

Governance and Assurance

M/s. Dhirubhai Shah & Co LLP provided reasonable assurance for the BRSR Core KPIs. The company confirmed compliance with applicable environmental laws and regulations, including the Water Act, Air Act, and Environment Protection Act. No material non-compliances were reported during the period. The Risk Management Committee periodically reviews sustainability and ESG-related matters.