Intimation enclosed herewith

RASHTRIYA CHEMICALS AND FERTILIZERS LIMITED CIN: L24110MH1978GOI020185 Regd. Office: “Priyadarshini”, Eastern Express Highway, Sion, Mumbai - 400 022. Phone: 022-24045024 Email Id: investorcommunications@rcfltd.com / Website: www.rcfltd.com COMMUNICATION IN RESPECT OF DEDUCTION OF TAX AT SOURCE ON FINAL DIVIDEND 2025-26 Dear Shareholder, We are pleased to inform you that the Board of Directors of Rashtriya Chemicals and Fertilizers Limited (“the Company”) at its meeting held on May 21, 2026 has recommended a Final Dividend of Rs. 1.34/- per Equity Share of Rs. 10/- each (13.40 %) for the Financial Year ended March 31, 2026, subject to the approval of the shareholders at the ensuing Annual General Meeting (“AGM”) of the Company. The Final dividend of Rs.1.34/- per equity share will be paid to those shareholders who hold equity shares of the Company as on the closure of record date i.e. Friday, September 18, 2026. As you are aware that as per the Income Tax Act, 2025(“the Act”), as amended by the Finance Act, 2026, dividends paid or distributed by a Company shall be taxable in the hands of the shareholders. The Company shall therefore be required to deduct tax at source at the applicable rates at the time of making the payment of the said Final Dividend. Further, Section 397(2) of the Act provides for higher rate of tax (i.e., higher of rate specified in relevant provision of the Act or rate or rates in force or 20%) in cases where the recipient of the income fails to furnish Permanent Account Number ("PAN"). Shareholders are requested to ensure Aadhar number is linked with PAN, as per the timelines prescribed. In case of failure of linking Aadhar with PAN within the prescribed timelines, PAN shall be considered inoperative and, in such scenario, tax shall be deducted at higher rate of 20% under section 397(2) of the Act. The TDS rate may vary depending on the residential status of the shareholder and the documents submitted by the shareholders and accepted by the Company in accordance with the provisions of the Act. The TDS for various categories of shareholders along with required documents are summarized below: Table 1: Resident Shareholders Category Section TDS Rate Applicability Conditions Mutual Fund 393(5)(d) Nil Applicable for Mutual Funds registered with [as specified SEBI. at Schedule VII (Table: If details are not updated with the depository Sl. No. 20 or participant, a self-declaration with an 21) of the exemption certificate is required to be Act] furnished - Refer Annexure 1 The 393(5)(a) Nil If details are not updated with the depository Government participant, a self-declaration with an exemption certificate is required to be furnished - Refer Annexure 1 Alternative 393(1) [Table: Sl. No. 7], Nil Applicable for Category I and II AIF Investment registered with SEBI. Fund 393(4) [Table: Sl. No. 10] 10% ("AIF") If details are not updated with the depository participant, a self-declaration with an exemption certificate is required to be furnished - Refer Annexure 1 In the case of Category III AIF Category III 393(2)[Table: Sl. No. 16] 10% This rate is applicable for Category III AIF AIF IFSC, located in any International Financial as referred Services Centre ("IFSC") of which all the to in units are held by non-residents other than Schedule VI unit (other than those covered under section [Note 1(g)] 208 of the Act) held by a sponsor or of the Act manager. In addition to tax, surcharge as per respective slabs and cess @ 4% would be applicable. National 393(9) Nil Pension System Trust, as - referred to in Schedule VII (Table: Sl. No. 41) of the Act Insurance 393(4) [Table: Sl. No. 10] Nil Applicable for Insurance companies companies registered under IRDAI. Resident 393(4)[Table: Sl. No. 10] Nil This rate is applicable: Individuals 1. If aggregate amount of dividend during Tax Year 2026-27 does not exceed INR 10,000/- or if valid Form 121*, is submitted; 2.Dividend should be in mode other than cash. Eligible 395 Rate as per TDS rate specified in the Lower Deduction resident lower Certificate issued by the Income Tax shareholders deduction Authority valid for Tax Year 2026-27, certificate covering dividend income. Resident 393(1) [Table: Sl. No. 7] 10% If valid PAN is registered in the register of Shareholders members, tax shall be deducted at the rate of not covered 20% 10% under section 397(1) of the Act. in above provisions In the absence of PAN or invalid PAN, tax shall be deducted at the rate of 20% under section 397(2) of the Act. (a) No TDS shall be deducted in NIL the case of resident individual members, if the amount of such dividend in aggregate paid or likely to be paid during the financial year does not exceed Rs.10,000. (b) Members having a valid PAN - 10% Update valid PAN, if not already done, with if Dividend paid exceeds Rs Depositories (in case of shares are held in the 10,000/- demat mode) and with the Company's Registrar and Transfer Agent - Maheshwari Datamatics Pvt. Ltd. (in case shares are held in the physical mode). (c) Without PAN/ Invalid PAN 20% Obtain a valid PAN and submit the same. (d) Non Linking of PAN and 20% Link the PAN with Aadhaar and submit Aadhaar confirmation. (e) Members submitting Form no. NIL Declaration in Form No. 121* provided that 121 all the required eligibility conditions are met. (f) Members submitting Order Rate provided Lower/NIL withholding tax certificate under Section 395 of the IT in the Order obtained from tax authority to be submitted. Act. Please Note that: a) Recording of the valid Permanent Account Number (PAN) for the registered Folio/DP id-Client Id is mandatory. In absence of valid PAN, tax will be deducted at a higher rate of 20% as per Section 397(2) of the Income Tax Act, 2025. In case of resident individual shareholders, who are required to link their PAN with Aadhaar and they have not been able to do so, their PAN will be become inoperative. In case of such inoperative PANs, tax will be deducted at a higher rate of 20% as per the provisions of section397(2) of the Income Tax Act, 2025. The company will use the income tax department provided functionality to find out if the PAN has become inoperative or not. b) Shareholders holding shares under multiple accounts under different status / category and single PAN, may note that, higher of the tax as applicable to the status in which shares held under a PAN will be considered on their entire holding in different accounts Table 2: Non-resident Shareholders Category Section TDS Rate Applicability Conditions FII/FPI 393(2) [Table: Sl. No. 15] 20% In addition to tax, surcharge as per respective slabs and cess @ 4% would be applicable. A lower TDS rate as per relevant Double Taxation Avoidance Agreements ("DTAA") may also apply, if the following documents are furnished: Copy of valid PAN, if PAN not available provide the details in a specific format in Annexure 2 (as prescribed in Rule 217(2) of the Income-tax Rules, 2026 ("Rules")); A copy of TRC of the country of residence of the shareholder valid for Tax Year 2026-27; Self-declaration in Form 41 (filed online on income-tax portal); Self-declaration of having no Permanent Establishment in India, beneficial ownership of shares and dividend income and eligibility to claim treaty benefits - Refer Annexure 3. Other Non- 393(2) [Table: Sl. No. 17] 20% In addition to Tax, surcharge as per resident respective slabs and cess @ 4% shareholders would be applicable. The Company may deduct taxes at a lower rate as per relevant DTAA, if all the following documents are submitted: 1. Copy of valid PAN, if PAN not available provide the details in a specific format in Annexure 2 (as prescribed in Rule 217(2) of the Rules); 2. Copy of TRC of the country of residence of the shareholder valid for Tax Year 2026-27; 3. Self-declaration in Form 41 (filed online on income-tax portal) -; 4. Self-declaration of having no Permanent Establishment in India, beneficial ownership of shares and dividend income [Showing first 8,000 characters — download PDF for full document]