Tata Elxsi Limited has informed its shareholders regarding the tax deduction at source (TDS) applicable to the final dividend declared for the financial year ended March 31, 2026. The Board of Directors recommended a dividend of ₹75 per equity share of ₹10 each, payable following shareholder approval at the 37th Annual General Meeting scheduled for June 2026.

Tax Deduction Provisions

Under the Income Tax Act, 2025, dividend income is taxable in the hands of shareholders. Consequently, the company is required to deduct TDS at applicable rates. For resident shareholders, TDS under Section 393(1) will be deducted at 10% on the dividend amount exceeding ₹10,000, unless an exemption applies. Shareholders must ensure their Permanent Account Number (PAN) is valid and linked with Aadhaar; failure to do so will result in a higher TDS rate of 20%.

Documentation Requirements

Shareholders eligible for exemption or lower withholding tax must submit specific forms and documents. Resident individuals wishing to receive dividend without TDS deduction must file Form 121. Institutional shareholders, such as insurance companies and mutual funds, are required to submit declarations confirming their exemption status under relevant schedules of the Income Tax Act.

Non-Resident Shareholders

Non-resident shareholders can avail benefits under Double Tax Avoidance Agreements (DTAA) by providing a Tax Residency Certificate (TRC) for the tax year 2026-27, Form 41, and a copy of their PAN card. Additionally, self-declarations regarding beneficial ownership and the absence of a permanent establishment in India are mandatory.

Submission Deadlines

All tax-related documents must be submitted by June 10, 2026, before 06:00 p.m. IST. Documents can be uploaded via the specified link or emailed to the designated address. Communications received after the deadline will not be considered, potentially resulting in tax deduction at higher rates.

Shareholders are advised to update their bank account details and ensure KYC compliance for physical shareholdings to facilitate timely dividend payments.

Tata Elxsi Limited has issued a formal intimation to its shareholders under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the impending transfer of unclaimed dividends and equity shares to the Investor Education and Protection Fund (IEPF). The initial disclosure was made on May 09, 2026, and communicated to both BSE Limited and the National Stock Exchange of India Ltd. Subsequently, the Company published a newspaper advertisement on May 12, 2026, further notifying shareholders that equity shares on which dividends remained unpaid or unclaimed for seven consecutive years or more are liable to be transferred to the IEPF. The advertisement was signed by Sneha V, Company Secretary & Compliance Officer, and the information is also available on the Company's website at www.tataelxsi.com .

Regulatory Background and Compliance Obligation

Pursuant to Section 124 of the Companies Act, 2013, and the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, as amended, any dividends that remain unpaid or unclaimed for a continuous period of seven years are required to be transferred to the IEPF established by the Government of India. Correspondingly, the equity shares in respect of which such dividends have remained unpaid or unclaimed for seven consecutive years or more are also required to be transferred to the IEPF.

Key Dates and Transfer Details

The following table summarises the critical details of the upcoming IEPF transfer as communicated by the Company:

The dividend payment dates on record, as referenced in the request form enclosed with the intimation, span multiple financial years:

Action Required by Shareholders

Shareholders whose dividends remain unpaid or unclaimed are requested to submit a duly signed request letter to MUFG Intime India Private Limited on or before August 16, 2026. The Company has emphasised that if the signed request letter is not received before this deadline, it will initiate the transfer of both dividends and shares to IEPF without any further notice. No claim shall thereafter lie against the Company in respect of amounts and shares so transferred.

Shareholders are also advised to ensure their KYC compliance in accordance with the SEBI Master Circular dated February 06, 2026. Key requirements include:

• Shares held in electronic form: Submit an attested copy of the Client Master List; dividends will be remitted to the bank account registered against the demat account.
• Shares held in physical form: Submit duly signed KYC forms — Forms ISR-1, ISR-2, and ISR-3/SH-13 — along with supporting documents including an original cancelled cheque bearing the Member's name.
• Outstanding dividends for physical shareholders will be credited only if the folio is KYC compliant and nomination details are registered.

KYC forms are available on the Company's website at https://tataelxsi.com/faqs-and-forms or on the RTA's website at https://web.in.mpms.mufg.com/KYC-downloads.html .

Reclaiming Shares and Dividends Transferred to IEPF

Members who have a claim on dividends or shares already transferred to IEPF may initiate a claim by sending a request letter along with requisite documents to MUFG Intime India Private Limited. Subsequently, they may file an online application in the prescribed e-Form IEPF-5, available on the IEPF Authority's website at www.iepf.gov.in , upon receiving an entitlement letter from the Company. As per IEPF Rules, members or claimants may file only one consolidated claim in a financial year.