Updates

September 05, 2026 To, To, The Manager (Listing) The Manager (Listing) BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Exchange Plaza, Towers, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai - 400 051 Scrip Code: 533581 Scrip Symbol: PGEL Sub.: Communication to Shareholders: Dividend for FY 2025-26 – Intimation on Tax Deduction at Source (TDS) / withholding tax on Dividend Dear Sir/Ma’am, The Board of Directors of the Company, at their meeting held on Wednesday, May 27, 2026, have recommended a final dividend of Rs. 0.25 (25%) per Equity Share of Rs. 1/- each for the Financial Year ended March 31, 2026. This dividend, if approved by the members at the 24th Annual General Meeting (“AGM”) will be credited/dispatched on or before October 28, 2026, to all those shareholders holding shares as at the close of business hours on the Record Date i.e., Friday, September 18, 2026 ("Cut-off date"). Dividend is taxable in the hands of the shareholders, and the Company is required to deduct tax at source from divided paid to shareholders at the prescribed rates. The details regarding Tax Deduction at Source (“TDS”) on Dividend form an integral part of the AGM Notice in this regard, please find enclosed communication which has been sent to all the Shareholders whose email addresses are registered with the Company / Company's Registrar and Share Transfer Agent viz. KFin Technologies Limited or Depositories inter alia indicating the process and documentation required for claiming tax exemption on dividend for FY 2025-26. This is for your information and record. For PG Electroplast Limited Deepesh Kedia Company Secretary PG Electroplast Limited (CIN: L32109DL2003PLC119416) Registered Office: DTJ-209, 2nd Floor, DLF Tower-B, Jasola, New Delhi-110025 Corporate Office: P-4/2 to 4/6, Site-B, UPSIDC Industrial Area, Surajpur, Greater Noida, Dist. Gautam Budh Nagar (U.P.) -201306 Tel No: +91-120-2569323 Email: investors@pgel.in Fax No: +91-120-2569131 Website: www.pgel.in TAX DEDUCTIBLE AT SOURCE (TDS) / WITHHOLDING TAX 1. Declaration of Dividend The Company’s Board of Directors (“Board”) at their meeting held on May 27, 2026, have recommended dividend @ Rs. 0.25/- per equity share, having face value of Rs. 1/- each, for the financial year ended March 31, 2026. The dividend, as recommended by the Board, if approved at the ensuing annual general meeting, will be paid to the equity shareholders holding equity shares of the Company as at the record date i.e. September 18, 2026. 2. Taxability of Dividend Income As per Income Tax Act, 2025(''Act'') dividend paid and distributed by a company is taxable in the hands of shareholders. Thus, companies paying dividend are required to withhold tax (TDS) on dividend paid to Resident and Non-Resident shareholders at the rates applicable & prescribed in the Act or Tax Treaty, as the case may be. The relevant details are given in Para A & B below. RESIDENT MEMBERS: 1. Tax Deductible at Source for Resident members TDS is applicable pursuant to Sr. No. 7 of Section 393(1) of the Act. To briefly state, dividend will be paid to a resident shareholder after deducting the tax at source as under: Applicable Documents/Action required from shareholder Particulars Rate (if any) 1. Individuals (if aggregate dividend exceeds Rs. 10,000/-)/ HUF/Indian Company/ AOP/ BOI/ Trust (except as specified in (2) below): With PAN 10% - Without PAN/ Invalid PAN/ Inoperative PAN/ 20% - Resident individual claiming exemption from NIL Self-attested copies of: TDS 1. Declaration in form 121 2. PAN card Note that Form 121 of the Income Tax Rules 2026 (which replaces the form 15G & 15H as per Income Tax Rules 1962) should be downloaded from the below link. Shareholders are required to fill part A (in full; including the declaration thereto) and part B (at Sr. No. 8 to 9 and 11 to 18 only). Company specific details in Part B have been pre-filled. Click Here to download Form 121 2. Others An Insurance Company as specified under NIL Self-attested copies of: Section 393(4) Sr. No. 10 of the Act (Section 194 of Income Tax Act, 1961 (''old Act'')) 1. Declaration in the format prescribed by the company that the insurance company is the beneficial owner of shares. 2. PAN Card; and Registration certificate issued by IRDAI. Mutual Fund specified under Sch. VII (20) of NIL Self-attested copies of: the Act (Section 10(23D) of the old Act) 1. Declaration in the format prescribed by the company that the Mutual Fund is governed by provision of Sch. VII (20) of the Act (Section 10(23D) of the Old Act); 2. PAN card Registration certificate issued by SEBI. Alternative Investment Fund (AIF) established Self-attested copies of: in India under Sch. V (1) of the Act (Section 10(23FBA) of the old Act) 1. Declaration in the format prescribed by the company that the AIF's income is exempt under Sch. V(1) of the Act (Section NIL 10(23FBA) of the old Act) and that it is established as Category I or II AIF under the SEBI regulations; 2. PAN card Registration certificate issued by SEBI. New Pension System Trust governed by Sch. NIL Self-attested copies of: VII(41) of the Act [Section 400(1) read with section 536(2)(j) of the Act read with CBDT 2. Declaration in the format prescribed by the Circular No. 18/2017] (Section 10(44) read company that the NPS is governed by the with section 197A(1E) of the old Act) Sch. VII(41) of the Act (Section 10(44) read with section 197A(1E) of the old Act); 3. PAN card 4. Registration certificate issued by PFRDA. Corporation established by or under a Central Appropriate documentary evidence (including Act governed by Section 393(5) of the Act but not limited to certificate of Registration) (Section 196 of the old Act) that the corporation is covered u/s 393(5) of the Act. NON - RESIDENT MEMBERS: 5. Tax Deductible at Source for Non - Resident members TDS is applicable pursuant to Section 393(2) of the Act. To briefly state, dividend will be paid to a non-resident shareholder after deducting the tax at source as under: Documents/Action required from Particulars Applicable Rate shareholder (if any) Foreign Institutional Investors 20% (plus applicable Self-attested copies of: (FIIs) / Foreign Portfolio surcharge and cess) Investors (FPIs) 1. Declaration, in the format prescribed by the Company, that the investment in shares has been made under the general FDI route or under the FPI route. Self -attested copy of SEBI Registration certificate. Other Non-resident 20% (plus applicable - shareholders surcharge and cess) Lower rate prescribed under Tax Treaty Rate (DTAA) Self-attested copies of: the tax treaty which applies to the non-resident 1. Tax Residency Certificate valid for the shareholder/FPI/FII period 1st April 2026 to 31st March 2027 obtained from the tax authorities of the Country of which the shareholder is a resident. 2. Acknowledgement of Form 41 under Income Tax Rules 2026 (Form 10F under Income Tax Rules 1962) submitted electronically at Income Tax Portal. Self-declaration primarily covering the following: - Eligibility to claim tax treaty benefits based on the tax residential status of the shareholder, including having regard to the Principal Purpose Test (if any), introduced in the applicable tax treaty with India. - Shareholder receiving the dividend income is the beneficial owner of such income. - Shareholder does not have Permanent Establishment / fixed base in India in accordance with the applicable tax treaty or Dividend income is not attributable/ effectively connected to any Permanent Establishment & fixed base in India. All declarations/ forms (in the prescribed format) can be downloaded from the following link: Click here to download Form 121 Click here to download Form 41 Click here to download Declaration by resident shareholders Click here to download Declaration by non-resident shareholders 3. Lower withholding tax certificate. As per Section 395 of the Act (Section 197 of the old Act [Showing first 8,000 characters — download PDF for full document]