Valiant Communications has scheduled its 33rd Annual General Meeting for September 30, 2026. The meeting will commence at 10:00 am and be conducted through Video Conferencing or Other Audio-Visual Means.

The event is convened in compliance with Regulation 34(1) of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, as well as General Circulars issued by the Ministry of Corporate Affairs and SEBI.

Key Agenda Items

The Board has recommended a final dividend of ₹1.50 per equity share with a face value of ₹10 each for the financial year ended March 31, 2026. Shareholders must hold their shares as of the record date to be eligible for the payout.

Dividend Details

Dividend income is taxable in the hands of shareholders. The company will deduct tax at source as applicable. Holders of physical shares are required to submit KYC details and bank information to ensure electronic payment compliance.

Director Re-appointments

Two executive directors are seeking re-appointment by rotation:

• Inder Mohan Sood: Managing Director and Chief Executive Officer. He holds 15,22,500 equity shares (13.31%).
• Davinder Mohan Sood: Executive Whole-time Director and Chief Financial Officer. He holds 16,04,909 equity shares (14.03%).

Both directors have been associated with the company since its inception. They offer themselves for re-appointment in compliance with Section 152 of the Companies Act, 2013.

Communication Channels

The Notice of the 33rd AGM and the Annual Report will be sent only in electronic mode to the email addresses of members registered with the Company, Registrar and Share Transfer Agent, and Depository Participants.

In compliance with Regulation 36(1)(b) of the SEBI Listing Regulations, 2015, the company has sent a letter providing the web-link of the Annual Report for FY26 to members who have not registered their email addresses. This communication was dispatched on September 3, 2026, to shareholders as on the cut-off date of August 28, 2026.

Shareholders holding physical securities are reminded to update their KYC details, including PAN, address, mobile number, bank account details, specimen signature, and nomination choice. As mandated by SEBI, payments for folios without updated details will be made electronically only. The company requests all security holders to register their email IDs to facilitate online services and receipt of future communications.

Valiant Communications has issued detailed communications to shareholders regarding the Tax Deducted at Source (TDS) implications of its proposed final dividend of ₹1.50 per equity share of face value ₹10 each (15%) for the financial year ended March 31, 2026. The Board of Directors recommended this payout during its meeting on May 30, 2026, subject to shareholder approval at the Thirty-Third Annual General Meeting (AGM) scheduled for September 30, 2026.

The company clarified that dividend income is taxable in the hands of shareholders under the Income Tax Act, 2025. Consequently, Valiant Communications will deduct taxes at source at applicable rates before disbursing the dividend. The TDS rate varies based on the shareholder's residential status and the validity of their Permanent Account Number (PAN). For resident individual shareholders, TDS will be deducted at 10% if the aggregate dividend exceeds ₹10,000, unless they submit a valid declaration under Section 393(6). Failure to link PAN with Aadhaar or providing an invalid PAN will result in a higher TDS rate of 20% under Section 397(2).

Dividend Eligibility and Record Date

The record date for determining dividend entitlement is fixed as Thursday, September 10, 2026. Shareholders must hold shares as of the close of business hours on this date to be eligible. Eligibility criteria are distinct for physical and demat holdings:

• Physical Shares: Payable to members whose names appear in the Register of Members as at the close of business hours on September 10, 2026.
• Demat Shares: Payable to members whose names appear in the list of beneficial owners as at the close of business hours on September 10, 2026, based on data from depositories.

Action Required for Shareholders

To ensure seamless receipt of dividends and participation in e-voting, shareholders are advised to update their details by Tuesday, September 8, 2026. This deadline is critical for both KYC compliance and tax document submission.

Pursuant to SEBI mandates effective April 1, 2024, dividends for physical folios will be paid electronically only if the folio is KYC compliant. Payment through demand drafts has been discontinued.

Tax Exemptions and Documentation

Shareholders eligible for lower withholding tax or exemption must submit specific documents by September 8, 2026, up to 5:00 pm IST. Resident individuals can submit Form 121 electronically through NSDL or CDSL portals or via the company’s shareholder portal. Non-resident shareholders must provide a Tax Residency Certificate, Form 41, and other self-declarations to avail benefits under Double Tax Avoidance Agreements (DTAA).

For institutional shareholders such as Insurance Companies, Mutual Funds, and Alternate Investment Funds (AIFs), specific declarations confirming their exempt status under the Income Tax Act, 2025, are required. Joint shareholders must also submit a declaration detailing beneficial ownership to ensure TDS credit is allocated correctly.

The company emphasized that any communication received after the deadline will not be considered for tax determination. If tax is deducted at a higher rate due to missing documents, shareholders may claim a refund while filing their income tax returns, but no claim shall lie against the company for such deductions.