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drrn"n atloys ltd ISO 9c0'l : 2008 PANY Registered Office: ldeal Centre,4th Floor 9, A.J.C Bose Road, Kolkata - 700 0'17 T (033) 4063 2393 E otfice@maithanalloys.com W www.maithanalloys.com CIN : 127101W81 985P1C039503 22September,2026 1l The Secretary 2l Listing Department The Calcutta Stock Exchange Limited National Stock Exchange of India Ltd. 7, Lyons Range Exchange Plaza, Bandra-Kurla Complex, Kolkata 700 001 Bandra (E), Mumbai - 400 051 Scrip code: 10023915 Scrip code: MAfIHANALL Sub: Communication regarding Tax Deducted at Source (TDS) on Final Dividend for the FinancialYear 2025-2026 Dear Sir/ Madam, As you are aware, the Board of Directors had recommended a final dividend ot?6/- per equity share of face value of {10/- each for the financial year 2025-2026, for the declaration at the 41$ Annual General Meeting (AGM) of the Company and Monday, 21 September, 2026 has been fixed as the Record Date for the purpose of determining the names of the persons entitled to the final dividend for the financial year 2025-2026. The Final Dividend, if approved at the AGM, will be paid to those Members whose name appears in the Company's Register of Members or to those persons, whose names are furnished as the Beneficial Owner by National Securities Depository Limited (NSDL) and Central Depository Services (Lrdia) Limited (CDSL) as on Monday, 21 September, 2026, being the record date fixed for the purpose. As you may be aware, that as per the provisions of the Income-tax Act, 2025, ("Act"), read with the rules framed thereunder, (as applicable), dividend paid or distributed by the Company is taxable in the hands of the shareholders and the Company is required to deduct tax at soulce (TDS) at the prescribed rates from the dividend to be paid to the shareholders. The rate of TDS would vary depending on the residential status as well as category of the shareholders, documents submitted by them and accepted by the Company. In case of Non-Resident Shareholders, taxes are required to be withheld in accordance with the provisions of Section 393(2) read with section 207(1) of the Act at the rates in force. As per the relevant provisions of the Act, the tax withholding will be at the rate of 20% (plus applicable surcharge and cess) on the amount of Dividend payable. However, as per Section 159 of the Act, the Non-Resident Shareholders have the option to be governed by the provisions of the Double Tax Avoidance Agreement (DTAA) between Lrdia and the country of tax residence of the Shareholder, if they are more beneficial to them. For this purpose, i.e. to avail the Tax Treaty benefits, the Non-Resident Shareholders will have to provide the necessary documents, as required under the Act, to the satisfaction of the Company. Works : Unit - I : P.O. Kalyaneshwari - 713 369. Dist. Paschim Bardhaman (West Bengal) page 1of o Unit - lll : Plot No. 42 & 43, APSEZ, PO. Atchutapuram, Dist. Visakhapatnam - 531 011 (Andhra Pradesh) Unjt - lV : APIIC Growth Centre, Bobbili, Vizianagaram - 535 558 (Andhra Pradesh) Krn"n alloys ltd ISO 9001 :2008 COMPANY Registered Office: ldeal Centre,4lh Floor 9, A.J.C Bose Road, Kolkata - 700 0'17 T (033) 4063 2393 E ofiice@maithanalloys.com W www.maithanalloys.com CIN : 127101 WB1 985P1C039503 Accordingly, the Final Dividend ("Dividend") will be paid to the shareholders after deducting TDS as explained here under: (A) Non-Resident Shareholders: Catesorv of Shareholders Rate/XxemptionlDeduction applicability Foreign Institutional Investors TDS is required to be withheld/deducted in accordance (FIIs) / Foreign Porffolio with the provisions oI Section 393(2) read with section Investors (FPIs) 207(1) of the Act at applicable rates in force [i.e. at the rate of 20% (plus applicable surcharge and cess) on the amount of dividend] unless a valid self-attested copy of the SEBI registration certificate is provided. Any entity entitled TDS is not required to be deducted, iJ valid seU-attested exemption from TDS documentary evidence (e.g. relevant copy of regishatioo order, etc. by Indian tax authorities) in support of the entity being entitled to exemption from TDS, has been submitted and acceptable to the Company. O*rer Norrresidsrt Shareholders (I) As per relevant provisions of the Act, the withholding (induding Foreign Companies, tax shall be at the rate of 20% (plus applicable surcharge NRI, Foreigr Nationals and other and cess) on the amount of dividend. Foreigr Entities) To avail beneficial rate of tax treaty, the following documents are to be provided: (a) Self-Attested Tax Residenry certificate issued by revenue authority of country of residence of shareholder for the year in which dividend is declared. (b) Self-Attested Indian Tax Identification Number (PAN), if any, allotted by the Indian Income Tax Authoritiesi (c) Electronically generated Form - 41 from income tax porta! (d) SelI-declaration by the non-resident shareholder of fulfilling DTAA eligibility requirement and satisfying beneficial ownership rcquiement as per format attadred. Qlotz: Application offunefcial Tax Treaty Rate shnll depnd upon the completercss of the doanmmts submitted.by tle Non-Resilefi Shnreholder and. acceptabb to the satisfactbn of the Company. Form47 in digitnl fornut is mandatory for non-residefi shareholders haaing PAN in lndia or who are rcquired to obtain P AN in lndia. Form41 in any othn furmnt will not be considered Works:Unlt-l : P.O. Kalyaneshwari - 713 369. Dist. Paschim Bardhaman (West Bengal) Page 2 of 6 Unit - lll : Plot No. 42 & 43, APSEZ, PO. Atchutapuram, Dist. Visakhapatnam - 531 01 'l (Andhra Pradesh) Unit - lV : APIIC Growth Centre, Bobbili, Vizianagaram - 535 558 (Andhra Pradesh) drrnn altoys ltd ISO g(x)l : 200E colrPANY Registeied Office: ldeal Centre,4th Floor 9, A.J.C. Bose Road, Kolkata - 700 017 T (033) 4063 2393 E office@maithanalloys.com W www.maithanalloys.com CIN : 12710 1WB'1 985P1C039503 Catesorv of Shareholders Rate/Xxemption/Deduction applicability for beneft under DTAA. The C-ompany, in its sole disctetiorl resrues tle right to apply tle beneflcinl Tax Treaty Rate at the time of deduction fuiillilalding on ilioiibnd amounts and to call for any furtler in{ornation.) (II) TDS is required to be deducted at the rate prescribed in a valid lower tax withholding certificate issued under the Act, iJ such certificate is provided. (III) In case of shareholder being tax resident of Singapore, along with the above (as may be applicable), will be required to furnish the letter issued by the competent authority or any other evidences demonstrating the non-applicability of Article 24 - Limitation of Relief under India-Singapore DTAA. (B) Resident Shareholders: Catesorv of Shareholders Rate/Xxemption/D duction applicabiliW Mutual Funds TDS is required to be deducted at the rate of 10%. No TDS is required to be deducted where a self- declaration is provided stating that it is eligible for exemption under Schedule VII of Section 11 of the Act, along with a self-attested copy of a valid SEBI registration certificate and a self-attested copy of PAN card. Insurance Companies TDS is required to be deducted at the rate of 10%. No TDS is required to be deducted where a self-declaration is provided'stating that it has full beneficial interest with respect to the shares owned by it along with a self-attested copy of a valid IRDAI regisUation certificate along with a self-attested copy of PAN card. .Category I and II Altemative TDS is required to be deducted at the rate of 10%. Investnent Fund (AIF) No TDS is required to be deducted where a self- declaration is provided stating that they are established as Category I or Category tr AIF under the SEBI Regulations and are eligible for exemption under Schedule V of section 11 of the Act, income along with self-attested copy of valid regishation certificate and a self-attested copy of the PAN card. Works:Unit-l : PO. Kalyaneshwari - 713 369. Dist. Paschim Bardhaman (West Bengal) Page 3 of 6 Unit - lll : Plot No. [Showing first 8,000 characters — download PDF for full document]