We are enclosing herewith an Intimation Regarding Communication to Shareholders- Intimation on Tax Deduction on Dividend.

VALPLAST TECHNOLOGIES LIMITED www.valplastech.com Head of the Department, Department of Listing Operation, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400001 SCRIP Code: 544565 ISIN: INE0QP701017 Dear Sir/Madam, Sub: Communication to Shareholders - Intimation on Tax Deduction on Dividend Pursuant to the Income Tax Act, 2025 (as amended by Finance Act, 2026) and the Rules framed thereunder, dividend paid or distributed by a company shall be taxable at the hands of the shareholders. In this regard, please find enclosed herewith the e-mail communication proposed to be sent to all shareholders of the Company whose e-mail IDs are registered with the Company/Depositories, explaining the process for withholding tax on dividend payable to shareholders at the prescribed rates, as may be applicable, along with the necessary annexures, in respect of dividend declared and payable during the Financial Year 2026-27. This communication is also being made available on the website of the Company at https://valplastech.com/communication-with-respect-to-tds/ [https://valplastech.com Investor Relation  Communication with Respect to TDS]. This is for your information and records. Thanking you, Yours faithfully, For Valplast Technologies Limited Shivangi Dixit Company Secretary and Compliance Officer [Membership No. A71527] Place: Noida Date: 01.09.2026 Encl.: As above. VALPLAST TECHNOLOGIES LIMITED www.valplastech.com September 01, 2026 Dear Shareholder, We are pleased to inform you that the Board of Directors of Valplast Technologies Limited (“the Company”), at its meeting held on May 20, 2026, has recommended a final dividend of Rs. 1.00/- per equity share (i.e., 10% of the Nominal value of Rs. 10.00/-, for the financial year ended March 31, 2026. The said dividend, if declared by the shareholders at the 13th Annual General Meeting (“AGM”) of the Company scheduled to be held on Tuesday, September 15, 2026, shall be paid/distributed to eligible shareholders on or before Wednesday, October 14, 2026. The record date fixed for determining the entitlement of members to receive the final dividend, subject to approval at the AGM, is Tuesday, September 08, 2026. As you are aware, pursuant to the provisions of the Income-tax Act, 2025, as amended by the Finance Act, 2026, and the rules framed thereunder, dividend paid or distributed by a company is taxable in the hands of the shareholders. Accordingly, the Company is required to deduct tax at source (“TDS”) from the dividend payable to shareholders, wherever applicable. This communication sets out a brief summary of the applicable provisions relating to deduction of tax at source on dividend and the documents required to be submitted by shareholders for determining the appropriate TDS rate. 1) For Resident Shareholders: Tax is required to be deducted at source under Section 393(1) [Table Sr. No. 7] read with Section 393(4) [Table Sr. No. 10] of the Act, at the rate of 10% on the amount of dividend where Shareholders have registered their valid Permanent Account Number (PAN). In case, Shareholders do not have PAN / have not registered their valid PAN details in their demat account/ PAN is invalid or declared to be inoperative on non-linking of PAN with Aadhaar, TDS at the rate of 20% shall be deducted under Section 397 of the Act. a) Resident Individuals: No tax shall be deducted on the dividend payable to resident individuals i) Total dividend amount to be received by them during FY 2026-27 does not exceed ₹10,000/-; or ii) The Shareholder furnishes Form 121, provided that all the required eligibility conditions are met. Please note that all fields are mandatory to be filled up and the Company may at its sole discretion reject the form if it does not fulfil the requirement of law. Format of Form 121 is enclosed herewith as Annexure 1. iii) Exemption certificate, if any, issued by the Income-tax Department. b) Resident Non-Individuals: No tax shall be deducted on the dividend payable to the following resident non-individuals where they provide details and documents as per the format attached in Annexure 2. VALPLAST TECHNOLOGIES LIMITED www.valplastech.com i) Insurance Companies: Self declaration that it qualifies as ‘Insurer’ as per Section 2(7A) of the Insurance Act, 1938 and has full beneficial interest with respect to the Ordinary Shares owned by it along with self-attested copy of PAN card and certificate of registration with Insurance Regulatory and Development Authority (IRDA)/ LIC/ GIC. ii) Mutual Funds: Self-declaration that it is registered with Securities and Exchange Board of India (‘SEBI’) and is notified under Section 11 of Schedule VII [Table Sr. No. 20] of the Act along with self- attested copy of PAN card and certificate of registration with SEBI. iii) Alternative Investment Fund (AIF): Self-declaration that its income is exempt under Section 11 - Schedule V [Table Sr. No. 1] of the Act, and they are registered with SEBI as Category I or Category II AIF along with self-attested copy of the PAN card and certificate of AIF registration with SEBI. iv) New Pension System (NPS) Trust: Self-declaration that it qualifies as NPS trust and income is eligible for exemption under Section 11 of Schedule VII [Table Sr. No. 41] of the Act and being regulated by the provisions of the Indian Trusts Act, 1882 along with self-attested copy of the PAN card. v) Other Non-Individual Shareholders: Self-attested copy of documentary evidence supporting the exemption along with self-attested copy of PAN card. 2) For Non-Resident Shareholders: a) Taxes are required to be withheld in accordance with the provisions of Section 393(2) [Table Sr. No. 17 and 15] of the Act as per the rates as applicable. As per the relevant provisions of the Act, the withholding tax shall be at the rate of 20% (plus applicable surcharge and cess) on the amount of dividend payable to them. In case, Non-Resident Shareholders provide a certificate issued under Section 395 of the Act, for lower/ nil withholding of taxes, rate specified in the said certificate shall be considered, on submission of self-attested copy of the same. b) Further, as per Section 159 of the Act, the non-resident Shareholder has the option to be governed by the provisions of the Double Tax Avoidance Agreement (DTAA) between India and the country of tax residence of the Shareholder, if they are more beneficial to them. For this purpose, i.e., to avail Tax Treaty benefit, the non-resident Shareholders are required to provide the following: i) Self-attested copy of the PAN card allotted by the Indian Income-tax authorities. In case, PAN is not available, the non-resident Shareholder shall furnish (a) name, (b) email ID, (c) contact number, (d) address in residency country, (e) Tax Identification Number of the residency country (format attached herewith as Annexure 3). ii) Self-attested copy of Tax Residency Certificate (TRC) (For FY April 1, 2026 to March 31, 2027) obtained from the tax authorities of the country of which the Shareholder is a resident. iii) E-filed Form 41 (filed electronically on the Indian Income Tax web portal pursuant to Notification no. 03/2022 dated July 16, 2022) valid for the period April 2026 to March 2027. VALPLAST TECHNOLOGIES LIMITED www.valplastech.com iv) Self-declaration by Shareholder of meeting treaty eligibility requirement and satisfying beneficial ownership requirement. (For FY April 1, 2026 to March 31, 2027) (format attached herewith as Annexure 3). v) In case of Foreign Institutional Investors and Foreign Portfolio Investors copy of SEBI registration certificate. vi) In case of Shareholder being tax resident of Singapore, please furnish the letter issued by the competent authority or any other evidence demonstrating the non-applicability of Article 24-Limitation of Relief under India-Singapore DTAA. It is recommended that Shareholders should independently satisfy their eligibility to claim DTAA benefit including fulfilling of all th [Showing first 8,000 characters — download PDF for full document]