Dynamic Technologies Limited has disclosed to stock exchanges that it received an Income Tax Order under Section 92CA(3) of the Income Tax Act 1961 for Assessment Year 2023-24. The company made this disclosure on January 19, 2026, in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Order Details and Authority

The order was issued by the Income Tax Authority, specifically the office of Deputy Commissioner of Income Tax, DC/ACIT 1(1)(1), Bangalore. The communication was received by the company on January 19, 2026.

Nature of Transfer Pricing Adjustments

The Income Tax Authority has recomputed transfer pricing adjustments under Section 92CA for arm's length interest on delayed management fee receivables. This action falls under the transfer pricing provisions of the Income Tax Act, which ensure that transactions between related entities are conducted at arm's length prices.

Financial Impact and Company Response

The company has indicated that the impact on financial statements is yet to be determined. The final tax demand, including any applicable penalties, will be established as part of the assessment order. However, the quantum of claim as per the current order stands at approximately ₹10.91 lakhs.

Dynamic Technologies Limited intends to file objections and responses with the Income Tax Appellate Authorities within the prescribed timelines. This indicates the company's intention to contest the transfer pricing adjustments through the available appellate mechanisms.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of SEBI Listing Regulations, with detailed information provided in compliance with Para A of Part A of Schedule III. The company has also made this information available on its website at www.dynamics.com , ensuring transparency with stakeholders.

The company's Chief Legal Officer and Company Secretary, Shivaram V, signed the disclosure document, maintaining proper corporate governance protocols in handling this regulatory matter.

Dynamatic Technologies Limited has issued a postal ballot notice seeking shareholder approval for the appointment of two Independent Directors through special resolutions. The company announced this development through an intimation to stock exchanges dated January 14, 2026.

Proposed Director Appointments

The postal ballot covers two key appointments made by the Board of Directors on December 23, 2025:

E-Voting Timeline and Process

The company has engaged KFin Technologies Limited to facilitate remote e-voting for shareholders. The voting process follows a structured timeline:

Director Profiles and Expertise

Air Chief Marshal V.R. Chaudhari (Retd.) brings extensive military aviation experience to the board. Born on September 4, 1962, he was commissioned into the Indian Air Force on December 29, 1982. He served as the 27th Chief of the Air Staff from September 30, 2021, to September 30, 2024. His expertise includes:

• Over 3,850 flying hours on MiG-21, MiG-23MF, and MiG-29 aircraft
• Category A Qualified Flying Instructor and Instrument Rating Instructor
• Operational missions during Operation Meghdoot and Operation Safed Sagar
• Key role in induction of Pilatus PC-7, C-295, and Rafale aircraft
• Awards: Vayu Sena Medal (2004), Ati Vishisht Seva Medal (2015), Param Vishisht Seva Medal (2021)

Ms. Shyamala Venkatachalam contributes significant corporate legal and compliance expertise. Born on May 5, 1969, she holds a Master of Arts from Bournemouth University and is an Associate Member of the Institute of Company Secretaries of India. Her professional background includes:

• Over 22 years of experience in media and entertainment sector
• Previous decade with Dynamatic Technologies during India's economic liberalization
• Expertise in corporate law, strategic counsel, and regulatory adaptation
• Specialization in complex contract negotiation and intellectual property matters
• Recognition: Featured in "Top 100 General Counsels of India" (2022) and "Top 100 Influential Women in Law" (2023)

Regulatory Compliance and Shareholder Communication

The postal ballot notice complies with Section 110 read with Section 108 of the Companies Act, 2013, and various SEBI regulations. The company will send the notice electronically to shareholders whose email addresses are registered as of the cut-off date of January 9, 2026.

Both proposed directors have submitted declarations confirming they meet independence criteria under Section 149(6) of the Companies Act and Regulation 16(1)(b) of SEBI Listing Regulations. They have also registered with the Independent Director's data bank maintained by the Indian Institute of Corporate Affairs.

The results, along with the scrutinizer's report, will be communicated to BSE Limited and National Stock Exchange of India Limited, where the company's equity shares are listed, and will be available on the company's website at www.dynamatics.com .