Communication of information to Shareholders regarding TDS

Date: September 02, 2026 The Manager, Department of Corporate Services, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400 001 Subject: Communication to Shareholders – Intimation of TDS on Dividend Scrip ID: WSFX Scrip Code: 511147 Dear Sir/ Madam, Pursuant to the provisions of the Income Tax Act 2025 and the Rules framed there under, dividend paid or distributed, shall be taxable at the hands of the Shareholders and the company is required to deduct TDS on the Dividend. In this regard, please find enclosed herewith an e-mail communication which is being sent to all the shareholders of the Company whose e-mail IDs are registered with the Company/Depositories explaining the process on withholding tax from dividends paid to the shareholders at prescribed rates, as may be applicable, along with the necessary annexures. The above communication is also available on the website of the Company at www.wsfxglobalpay.com. This is for your information and record. Yours faithfully, For WSFx Global Pay Limited Khushboo Doshi Company Secretary Encl: As above WSFx Global Pay Limited Registered Office: 6th Floor, C Wing, Corporate Avenue, Chakala, Andheri (East), Mumbai – 400 093 +91 22 62709600 | info@wsfxglobalpay.com | www.wsfxglobalpay.com | CIN No. L99999MH1986PLC039660 DETAILED INFORMATION IN RESPECT OF DEDUCTION OF TAX AT SOURCE (TDS) ON THE FINAL DIVIDEN FOR THE FINANCIAL YEAR 2025-26 We are pleased to inform you that the Final Dividend of Rs. 1.50/- (Rupee One and Fifty Paise only) per share (on the face value of Rs. 10/- each) on the equity shares of the Company for the financial year 2025-26, as recommended by the Board of Directors in its Meeting held on May 19, 2026, subject to approval of shareholders, will be paid within 30 days from the date of its approval by the shareholders at the ensuing 39th Annual General Meeting of the Company. The dividend shall be paid on the basis of the details of beneficial ownership furnished by the depositories and in respect of shares held in physical form to those Members whose names will appear on the Register of Members of the Company as on the close of business hours on Wednesday, 16th September, 2026 (Record Date). Tax Deduction at Source (TDS) on Dividend Shareholders may note that pursuant to the provisions of the Income Tax Act, 2025 (‘the Act’), dividend income will be taxable in the hands of the shareholders, and the Company is required to deduct tax at source (TDS) at the time of making the payment of dividend to shareholders at the prescribed rates. The rates vary based on residential status and documents submitted. The TDS/Withholding tax provisions are enumerated below: 1. Resident shareholders: Tax will be deducted at source (“TDS”) under Section 393(1) [Table 1 Sl. No. 7] of the Act @ 10% on the amount of dividend payable. 1.1 Resident Shareholders-Individuals: a. In the case of a shareholder being an individual, no tax shall be deducted where the dividend is paid otherwise than in cash and the aggregate dividend paid or likely to be paid by the Company during Tax Year 2026-27 does not exceed ₹10,000. b. Tax will not be deducted at source in cases where a shareholder provides duly signed Form 121 (Annexure-1), provided that the eligibility conditions are met. Blank Form 121 is attached with this communication or can be downloaded from the website of the RTA viz. www.bigshareonline.com c. Shareholders who are required to link Aadhaar number with PAN as required under section 262(6) read with Rule 162, should compulsorily link the same within the timelines as specified by Government of India failing which the PAN will become inoperative and Tax would be deducted at a higher rate under section 397 of the Act. However, this is subject to amendments issued by the Income Tax authorities from time to time. For the purpose of verification of PAN-Aadhaar linkage, Company will verify the status from the Government enabled online facility after the expiry of cut-off date kept for submission of declaration and other forms and deduct TDS accordingly. d. Valid PAN will be mandatorily required. However, if the PAN is not updated or is invalid or is deleted or becomes inoperative on account of non-linking with Aadhaar then the higher rate as per the Act (i.e., 20%) would apply subject to threshold prescribed in the Act. e. For shareholders who have obtained a certificate from the income-tax authorities under section 395 of the Act for TDS at a lower/Nil rate, tax will be deducted at the rate specified in the said certificate subject to furnishing a self-attested copy of the same. The certificate should be valid for tax year 2026-2027. 1.2 Resident Shareholders-Other than Individuals: The TDS rates and required documents for Resident shareholders-other than individuals (corporate, funds and Institutions) are provided in Table below: Category of Shareholder Tax Deduction Rate Exemption Applicability/ Documents required Insurance Companies NIL Documentary evidence to prove that the provisions of section 393(1) [Table 1 Sl. No. 7]of the Act are not applicable to them: 1. PAN 2. Registration certificate 3. Self-declaration given in Annexure-2 Mutual Funds NIL Documentary evidence to prove that the mutual fund is a mutual fund specified under schedule VII (Table Sl. No. 20 or 21) of the Act and is covered under Section 393(5) of the Act along with Self-declaration given in Annexure-2 Alternative Investment fund NIL Documentary evidence that the person is (AIF) established/ incorporated covered by Notification No. 51/2015 dated 25 in India June 2015 (OR) Self-declaration that its income is exempt under Schedule V (Table Sl. No. 1) of the Income Tax Act, 2025 and they are governed by SEBI regulations as Category I or Category II AIF along with the following documents- 1. Self-attested copy of the PAN card 2. Registration certificate 3. Self-declaration given in Annexure-2 Recognized Provident Fund NIL Self-attested copy of a valid order from Commissioner under Rule 3 of Part A of Schedule XI to the Act, (OR) Self-attested valid documentary evidence (e.g., relevant copy of registration, notification, order, etc.) in support of the Category of Shareholder Tax Deduction Rate Exemption Applicability/ Documents required provident fund being established under a scheme framed under the Employees Provident Funds Act, 1952 needs to be submitted along with Self-declaration given in Annexure-2 Approved Superannuation Fund NIL Self-attested copy of valid approval granted by / Approved Gratuity Fund the Commissioner needs to be submitted: under Part B of Schedule XI to the Act along with Self-declaration given in Annexure-2 National Pension Scheme NIL Self-attested valid documentary evidence (e.g., relevant copy of registration, notification, order, etc.) grating approval to the Scheme along with Self-declaration given in Annexure-2 Entities exempt under NIL If the income is exempt under the Act, the Schedule VII of the Act authorized signatory shall submit the declaration given in Annexure 2 duly signed with stamp affixed for the purpose of claiming exemption from TDS (entities as provided in Circular No.18 of 2017 and Table under Schedule VII of the Act) Corporation established by or NIL Documentary evidence that the person is under a Central Act/ State Act covered under section 393(5) of the Act along which is, under any law for the with self-declaration given in Annexure- time being in force, exempt from 2. income- tax on its income including entities in which such corporations are the beneficial shareholders Order under section 395 of the Rate provided in the Lower/NIL withholding tax certificate Act order obtained from Income Tax authorities. Clearing Members / Rates based on the status In case where shares are held by Clearing Intermediaries Benefit under of the beneficial owners Member/ intermediaries/ stock-brokers and Rule 203 TDS is to be applied by the Company in the PAN of the beneficial shareholders, [Showing first 8,000 characters — download PDF for full document]