Uflex Ltd disclosed that its promoter group has not created any encumbrance, directly or indirectly, on shares held in the company during FY26. The declaration was submitted to the National Stock Exchange of India and BSE under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The confirmation provides assurance to shareholders regarding the absence of pledged shares by the promoter group during the specified financial year.

The disclosure was made by Ashok Chaturvedi on behalf of himself and the persons acting in concert. The filing confirms that no shares were encumbered during FY26, adhering to the regulatory requirements for transparency in shareholding patterns. The document includes a comprehensive list of the promoter group members involved in the declaration.

The list of promoters and persons acting in concert comprises 21 entities and individuals. This includes Flex International Private Limited, Anshika Investments Private Limited, and A.R. Leasing Private Limited. The list also features key individuals such as Ashok Kumar Chaturvedi (Karta), Ashok Chaturvedi, and Rashmi Chaturvedi.

Other entities named in the disclosure include Apoorva Extrusion Private Limited, Anshika Consultants Private Limited, and Anant Overseas Private Limited. The list further extends to include A.L. Consultants Private Limited, Magic Consultants Private Limited, and Ultimate Flexipack Limited, among others, covering the entire promoter group structure.

List of Promoters and Persons Acting in Concert

Uflex Limited has recommended a dividend of Rs.3 per equity share for the financial year ended March 31, 2026. The dividend, amounting to 30% of the face value of Rs.10 per share, was approved by the Board of Directors on May 30, 2026. This payout is subject to approval by shareholders at the 37th Annual General Meeting scheduled for July 29, 2026. If approved, the dividend will be paid on or before August 27, 2026.

The company has communicated the tax deduction at source (TDS) implications under the Income Tax Act, 2025. Dividend income is taxable in the hands of shareholders, and the company is required to deduct TDS as applicable. The record date for determining dividend eligibility is June 9, 2026. Shareholders must submit relevant documentation to claim exemptions or lower tax rates by June 26, 2026.

TDS Rates for Resident Shareholders

Resident shareholders are subject to different TDS rates based on their PAN status and income levels. The company has specified the following deduction rates:

Provisions for Non-Resident Shareholders

Non-resident shareholders may avail benefits under applicable tax treaties. The TDS for non-residents will be deducted at 20%, plus applicable surcharge and health & education cess, or the applicable tax treaty rate, whichever is lower. To claim the treaty rate, shareholders must submit the required documents to the company by the deadline.

Compliance and Deadlines

Shareholders holding shares under multiple accounts with a single PAN should note that the higher tax rate applicable to any one account will apply to the entire holding. The company stated that no claims would be entertained against taxes deducted in accordance with the law. Additionally, if shares are held by a clearing member or broker, the registered shareholder must submit a declaration by June 26, 2026, detailing the beneficial owner for TDS credit.

Forms and documents must be submitted via email to TDSdividend@uflexltd.com . Incomplete submissions or those received after the deadline will not be considered. The company will email TDS certificates to registered email addresses after the dividend payment. Shareholders can also view TDS credits in Form 26AS.