Updates

September 07, 2026 BSE Limited National Stock Exchange of India Corporate Relationship Department Limited Phiroze Jeejeebhoy Towers Listing Department Dalal Street Exchange Plaza, C-1, Block G, Mumbai – 400 001 Bandra Kurla Complex, Bandra (E), Mumbai - 400 051 Scrip Code – 530517 Symbol – RELAXO Sub: Communication to Shareholders - Intimation on Tax Deduction at Source (TDS) on Dividend Dear Madam / Sir, Pursuant to the provisions of the Income-tax Act, 2025, dividend income is taxable in the hands of the Members. Accordingly, the Company is required to deduct tax at source (TDS) from dividend paid to Members at the prescribed rates. In this regard, please find enclosed an e-mail communication that has been sent to all shareholders whose e-mail addresses are registered with the Company / Depository Participant(s) / Registrar and share Transfer Agent of the Company explaining the process and documentation required for withholding TDS from dividend paid to the shareholders at prescribed rates. The same is for your information and record please. Thanking You, For Relaxo Footwears Limited Ankit Jain Company Secretary & Compliance Officer Encl. as stated above Classification: Public RELAXO FOOTWEARS LIMITED CIN No: - L74899DL1984PLC019097 Registered Office: Aggarwal City Square, Plot No. 10, Manglam Place, District Centre, Sector-3, Rohini Delhi- 110085 Phones: 91-11-46800600, 46800700, Fax No: 91-11-46800692 E-mail: cs@relaxofootwear.com, Website: http://www.relaxofootwear.com Date: September 7, 2026 Ref: Folio / DP Id & Client Id No: …………………………… Dear Member, Sub: Tax Deduction at Source on Dividend paid in Financial Year 2026-27 We are pleased to inform you that the Board of Directors of Relaxo Footwears Limited ("Relaxo / Company"), at their Meeting held on May 28, 2026, has recommended a dividend @350% i.e. Rs. 3.50 per Equity Share having nominal value of Rs. 1/- each for the Financial Year ended March 31, 2026, subject to the approval of Members at the 42nd Annual General Meeting ("AGM") of the Company to be held on Thursday, September 24, 2026. As you are aware that pursuant to the provisions of the Income-tax Act, 2025 ("Act"), as amended by the Finance Act, 2020, dividends paid or distributed by a Company after April 1, 2020 shall be taxable in the hands of the Shareholders. Accordingly, the Company is obligated to deduct Tax at Source ("TDS") at applicable rates in accordance with the provisions of the Act. The dividend, as recommended by the Board, and if approved at the ensuing AGM, will be paid to those Shareholders holding Equity Shares of the Company, as on the Record Date i.e. September 18, 2026. Shareholders whose bank accounts are registered with the Depository Participant/Registrar and Transfer Agent shall receive electronic credit of dividend. Classification: Public Please note that since this Dividend will be declared at AGM to be held on September 24, 2026, it will be taxable in your hands in FY 2026- 27. Thus, all the details and declarations furnished should pertain to FY 2026-27. SECTION A: FOR ALL SHAREHOLDERS - UPDATION OF DETAILS, AS APPLICABLE All Shareholders are requested to ensure that the below details are completed and/or updated, as applicable, in their respective Demat account(s) maintained with the Depository Participant(s); or in case of shares held in physical form, with the Registrar and Transfer Agent in the Register of Members, on or before the Record Date, i.e. September 18, 2026. Please note that the following details, in case you had already registered with the Company, as available with the Company in the Register of Members/Register of Beneficial Ownership maintained by the Depositories will be relied upon by the Company, for the purpose of complying with the applicable TDS provisions: a. Valid and operative Permanent Account Number ("PAN"). b. Residential status as per the Act i.e. Resident or Non-Resident for FY 2026-27. c. Category of the Shareholder viz. Mutual Fund, Insurance Company, Alternate Investment Fund ("AIF") Category I and II, AIF Category III, Government (Central/State Government), Foreign Portfolio Investor ("FPI")/Foreign Institutional Investor ("FII"): Foreign Company, FPI/FII: Others (being Individual, Firm, Trust, Artificial Juridical Person, etc.), Individual, Hindu Undivided Family ("HUF"), Firm, Limited Liability Partnership ("LLP"), Association of Persons ("AOP"), Body of Individuals ("BOI") or Artificial Juridical Person, Trust, Domestic Company, Foreign Company, etc. d. Email Address e. Residential Address SECTION B: TDS PROVISIONS AND DOCUMENTS REQUIRED FOR RESPECTIVE CATEGORY OF SHAREHOLDERS Shareholders are requested to take note of the following TDS rates and additional information required by the Company for their Classification: Public respective categories (A) RESIDENT SHAREHOLDERS A.1 Tax deductible at source for Resident Shareholders (other than resident individual Shareholders receiving Dividend not exceeding Rs. 10,000 during the FY 2026-27) Relevant Section of Income Particular Withholding tax rate Documents required Tax Act, 2025 ("Act") Valid and Operative PAN updated with the Depository Participant in case shares are held in dematerialized form; or 393(1) Registrar and Transfer Agent 10% N.A. (earlier section 194) ("RTA") in case shares are held in physical form and no exemption sought by Shareholder No / Invalid PAN/ Inoperative PAN with the Depository Participant in case shares are 393(1) read with 397(2) held in dematerialized form; or 20% N.A. (earlier 194 read with 206AA) RTA in case shares are held in physical form and no exemption sought by Shareholder Availability of lower/nil tax Rate specified in Lower tax 395 1.Copy of PAN card deduction certificate issued by withholding certificate (earlier section 197) 2.Copy of lower tax withholding Classification: Public Income Tax Department under obtained from Income Tax certificate obtained from Section 395 (earlier section 197) Department Income Tax Department TAN to of the Act be used for this purpose DELR08034F A.2 Nil Tax Deductible at Source on dividend payment to Resident Shareholders if the Shareholders submit documents mentioned in table below with the Company / RTA Relevant Section of Income Particular Withholding tax rate Documents required Tax Act, 2025 ("Act") The aggregate of total dividend NIL 393(1) NIL distributed to resident (earlier section 194) individual Shareholder by the Company during FY 2026-27 does not exceed Rs. 10,000/- An Individual furnishing Form NIL 393(6) 1.Copy of PAN card 121 (earlier Form 15G/ 15H) (earlier section 197A) 2. Declaration in Form No. 121 [earlier 15G (applicable to an individual who is less than 60 years) / Form 15H (applicable to an Individual who is 60 years and above), fulfilling prescribed conditions.] Click here to download the format of Form 121 (earlier Classification: Public 15G/15H) - Annexure 1 Shareholders to whom Section NIL 393(1) 1.Copy of PAN card 393(1) (earlier section 194) of (earlier section 194) 2. Self-declaration that it has full the Act does not apply such as beneficial interest with respect Insurance Companies LIC, GIC, to the shares owned by it along etc. with adequate documentary evidence (e.g., registration certificate), to the effect that no tax withholding is required as per provisions of Section 393(1) (earlier section 194) of the Act. Shareholder covered under NIL 393(5) 1.Copy of PAN card Section 393(5) (earlier section (earlier section 196) 2. Self-declaration by Mutual 196) of the Act such as Fund that they are specified in Government, RBI, Mutual Funds Schedule VII (20 & 21) (earlier specified under Schedule VII (20 Section 10(23D)) of the Act and & 21) (earlier Section 10(23D)) their income is exempt under of the Act, corporations Schedule VII (20 & 21) (earlier established by Central Act and Section 10(23D)) of the Act and exempt from Income Tax. therefore no TDS is required under Section 393(5) (earlier Section 196 (iv)) of [Showing first 8,000 characters — download PDF for full document]