Tata Consumer Products Limited's Board of Directors, at its meeting held on May 8, 2026, approved a capital investment of up to ₹160 Crore to set up a new Instant Tea manufacturing facility in India. The proposed facility will add 2000 metric tonnes of production capacity and is expected to be commissioned within approximately 2 years. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Expansion Driven by Capacity Saturation and Rising Demand

The company cited two primary reasons for the proposed investment: the growing demand for Instant Tea and the saturation of its existing manufacturing capacity. Currently, Tata Consumer Products operates an Instant Tea facility with a capacity of 2100 metric tonnes, running at approximately 90% utilization. The new facility is intended to address this capacity constraint and support future volume growth.

Key Details of the Proposed Investment

The following table outlines the key parameters of the approved capital investment as disclosed in Annexure A of the regulatory filing:

Funding and Compliance

The entire investment of up to ₹160 Crore is proposed to be financed through internal accruals, with no external borrowing indicated. The Board Meeting commenced at 2:00 p.m. and concluded at 4:45 p.m. on May 8, 2026. The disclosure was signed by Delnaz Dara Harda, Company Secretary & Compliance Officer (Membership No. ACS 73704), in compliance with the applicable provisions of the SEBI Listing Regulations. The information has also been made available on the company's website at www.tataconsumer.com .

Tata Consumer Products Limited announced on May 08, 2026, that its Board of Directors has recommended a final dividend of Rs. 10 per equity share of Re. 1/- each, representing 1000% of the face value, for the financial year ended March 31, 2026. The dividend is subject to approval by shareholders at the ensuing Annual General Meeting of the Company, scheduled to be held in the month of June 2026.

Dividend Details at a Glance

The key parameters of the announced final dividend are summarised below:

Tax Deduction at Source (TDS) Framework

In accordance with the Indian Income Tax Act, 2025, dividend income is taxable in the hands of shareholders, and the company is required to deduct taxes at source at applicable rates. TDS rates vary depending on the residential status of the shareholder and the documents submitted to and accepted by the company.

For resident shareholders, tax will be deducted at source under Section 393(1) read with Section 393(4) of the Act at the rate of 10% on the dividend amount exceeding INR 10,000, provided a valid Permanent Account Number (PAN) is on record. In the absence of a valid or operative PAN, tax shall be deducted at a higher rate of 20% as per Section 397(2) of the Act.

TDS Rates by Shareholder Category

The applicable TDS treatment for different categories of shareholders is outlined below:

Document Submission Requirements and Deadlines

Shareholders seeking exemption or lower TDS deduction are required to submit the relevant forms and declarations on or before May 25, 2026, up to 07.00 pm (IST). Documents received after this deadline will not be considered for TDS determination.

Resident shareholders may upload documents at the designated portal or email them to the Registrar and Transfer Agent, MUFG Intime India Private Limited. Resident individual shareholders can also submit Form 121 (Declaration for receipt of dividend without deduction of tax) electronically through their depository participants — National Securities Depository Limited (NSDL) or Central Depository Services (India) Limited (CDSL).

Non-resident and institutional shareholders are required to submit scanned copies of the following documents:

• Copy of Tax Residency Certificate (TRC) for tax year 2026-27
• Form 41 (for claiming Tax Treaty Relief)
• Copy of PAN card allotted by Indian Income Tax authorities, or information under sub-rule 2 of Rule 217 of Income Tax Rules, 2026 (Annexure-7) if PAN is unavailable
• Self-declaration of beneficial ownership of equity shares (Annexure-8)
• Self-declaration of no permanent establishment in India (Annexure-9)
• Self-declaration of fulfilling all conditions of the applicable tax treaty (DTAA) read with Multilateral Instrument (MLI)
• Any other documents as prescribed under the Income Tax Act, if applicable (Annexure-10)

Documents for non-resident and institutional shareholders must be emailed to Dividend2026@tataconsumer.com on or before Monday, May 25, 2026, up to 07.00 pm (IST).

Bank Account Updation and KYC Compliance

Shareholders are advised to ensure their bank account details linked to their Demat accounts are updated to enable timely credit of dividends. Shareholders holding shares in physical form are reminded that the dividend will be released only if the folio is KYC compliant. Any changes to tax residential status, PAN, email address, or mobile numbers should be updated with the relevant depositories through depository participants (for dematerialised holdings) or with the Registrar and Transfer Agent, MUFG Intime India Private Limited (for physical holdings).

The company has clarified that if tax is deducted at a higher rate due to non-submission of required documents, shareholders retain the option to file a return of income and claim an appropriate refund if eligible. However, no claim shall lie against the company for taxes so deducted. The company will arrange to email a soft copy of the TDS certificate to shareholders at their registered valid email ID post payment of the final dividend.