General Updates

July 11, 2026 To, To, National Stock Exchange of India Limited BSE Limited Symbol – SYMPHONY Security Code - 517385 Sub.: Communication to shareholders on Tax Deduction at Source (TDS) on Dividend Distribution Dear Sir/ Madam, We are attaching herewith Communication to Shareholders on Tax Deduction at Source (TDS) on Dividend Distribution. The same was circulated to the Shareholders along with the Notice of Annual General Meeting. This is for your reference and records. Thanking You, Yours Truly, For Symphony Limited Mayur Barvadiya Company Secretary and Head - Legal Encl.: As above Registered Office: Symphony Limited, Symphony House, Third Floor, FP-12, TP-50, Off S.G. Highway, Bodakdev, Ahmedabad - 380 059, India T: +91-79-66211111, F: +91-79-66211139-40 l Email – companysecretary@symphonylimited.com I www.symphonylimited.com CIN - L32201GJ1988PLC010331 COMMUNICATION ON TAX DEDUCTION AT SOURCE (TDS) ON DIVIDEND DISTRIBUTION July 11, 2026 Dear Shareholder(s), We are pleased to inform you that the Board of Directors has declared a final dividend of ₹5.00 (250%) per equity share of ₹2.00 each for the financial year 2025-26 in their meeting held on May 15, 2026. The said dividend will be payable to those shareholders whose name appear in the Register of Members of the Company as on the record date i.e., Friday, July 17, 2026. The said shareholders will be entitled to receive the dividend exclusively through electronic modes approved by the Reserve Bank of India. Issuing physical instruments such as warrants, cheques, or drafts is no longer allowed. Those shareholders, who have not registered their bank account details with the depository participant/ RTA, are advised to update their bank details with the Depository Participant (DP). Shareholders holding shares in physical mode are advised to update their bank details with the Company / RTA by submitting Form ISR-1, ISR-2, SH-13, a cancelled cheque, the client master form from their demat account, and self-attested copies of any other relevant documents to the Company or its RTA, i.e. M/s. Bigshare Services Private Limited. As you may be aware, in terms of the provisions of the Income-tax Act, 2025 (‘the Act’) read with relevant Income-tax Rules, 2026 (‘the Rules’), dividend declared and paid by a Company on or after April 1, 2026 shall be taxable in the hands of the shareholders. The companies are required to withhold tax at source from dividends paid to shareholders at prescribed rates (plus applicable surcharge and cess), as may be notified from time to time. This communication summarizes the applicable TDS provisions in accordance with the provisions of the Act for various shareholder categories, including a Resident or Non- Resident shareholder. The TDS rate would vary depending on the residential status of the shareholder and the documents submitted by them and accepted by the Company. Accordingly, the Dividend will be paid after deducting TDS as explained herein. Section 1: Mandatory details applicable for all shareholders All shareholders are requested to ensure that the below mentioned details are completed and/or updated, as applicable, in their depository records through their depository participant (if shares are held in Demat form) or in the register of members through the registrar and share transfer agent (if shares are held in physical form) on or before the record date i.e. Friday, July 17, 2026. a. Residential status as per the Act i.e. Resident or Non-Resident for TY 2026-27 b. Valid Permanent Account Number (PAN) c. Category of shareholder viz. Mutual Fund, Insurance Company, Alternate Investment Fund (AIF) Category I and II, AIF Category III, Foreign Portfolio Investor (FPI) /Foreign Institutional Investor (FII), Foreign Company, Others (being Individual, Firm, Trust, AJP, etc.): - Individual, Hindu Undivided Family (HUF), Firm, Limited Liability Partnership (LLP), Association of Persons (AOP), Body of individuals (BOI) or Artificial Juridical Person (AJP), Trust, Domestic company, foreign or any other category, as applicable. d. Email id e. Address Please note that the above details as available on record date in the register of members will be relied upon by the Company, for the purpose of complying with the applicable TDS provisions. Section 2: TDS Provisions and documents required as applicable for relevant category of shareholders. In addition to ensuring completion and/or updating, as applicable, of above mandatory details, shareholders are also requested to take note of the TDS rates and additional information requested by the Company for their respective category in order to comply with the applicable TDS provisions. The Resident Non-Individual Members, i.e., Insurance companies, Mutual Funds, and Alternative Investment Funds (AIF) established in India and Non-Resident Non- Individual Members, i.e., Foreign Institutional Investors and Foreign Portfolio Investors, may alternatively submit the relevant forms/declarations/documents through their respective custodian who is registered on NSDL platform, on or before the aforesaid timelines. 1. Resident Shareholder: Relevant Rate Category of Exemption applicability/ section of the of shareholder Documentation Requirement Act Tax Mutual Funds - 393(5)(d) 0% No TDS is required to be deducted as Applicable for per Section 393(5)(d) of the Act, Mutual Funds subject to specified conditions. A registered with declaration that they are governed by SEBI the provisions of Schedule VII (Table: Sl. No 20 or 21 of the Act along with self- attested copy of relevant registration documents (*) (***). Category I and II 393(4) 0% No TDS is required to be deducted as Alternative per Section 393(4) of the Act, subject to Investment specified conditions. A Copy of valid Funds (AIF) SEBI registration certificate need to be submitted, along with a declaration that its income is exempt under Schedule V (Table: Sl. No 1) of the Act. (*) (***) Other resident 393(1) (Table: 10% a) TDS is required to be deducted at shareholder Sl. No. 7) the rate of 10% under Section 393(1) (Table: Sl. No. 7) of the Act. b) No TDS is required to be deducted, if aggregate dividend distributed or likely to be distributed during the financial year to individual shareholder does not exceed ₹ 10,000/-. c) No TDS is required to be deducted on furnishing of valid Form 121 (#) (for individuals, with no tax liability on total income and income not exceeding maximum amount which is not chargeable to tax) or Form 121 (#) (for individual above the age of 60 years with no tax liability on total income). (*) (***) d) PAN available in the register of members must be valid (**). TDS is required to be deducted at the rate of 20% under Section 397(2)(b) of the Act, if valid PAN of the shareholder is not available. e) TDS is required to be deducted at the rate prescribed in the lower tax withholding certificate issued under Section 395 of the Act, if such valid certificate is provided. (*) (***) New Pension 393(1)(9) 0% Self-declaration that it qualifies as NPS System r.w.s Sch VII trust and income is eligible for (NPS) Trust (Table: Sl. No. exemption under Sch VII (Table: Sl. No. 41) 41) of the Act and being regulated by the provisions of the Indian Trusts Act, 1882 along with self-attested copy of the PAN card. Recognized Circular 0% Self-attested copy of a valid order from Provident 18/2017 Commissioner under Rule 3 of Part A of Fund issued by Fourth Schedule to the Act, or self- CBDT as read attested valid documentary evidence with the (e.g. relevant copy of registration, corresponding notification, order, etc.) in support of provisions of the provident fund being established the Act / the under a scheme framed under the Rules. Employees' Provident Funds Act, 1952 needs to be submitted. Approved Circular 0% Self-attested copy of valid approval Superannuation 18/2017 granted by Commissioner under Rule 2 Fund issued by of Part B of Fourth Schedule to the Act CBDT as read needs to be s [Showing first 8,000 characters — download PDF for full document]