General Updates

TD Power Systems Limited (CIN -L31103KA1999PLC025071) July 17,2026 REGISTERED OFFICE & FACTORY: 27, 28 and 29, KIADB Industrial Area Dabaspet, Nelamangala Taluk Bengaluru Rural District The Corporate Service The Listing Department B e n g a l u r u – 5 6 2 1 1 1 I n d i a Department T h e N a t i o n a l S t o c k E x c h a n ge of India Ltd. Tel +91 80 229 95700 / 6633 7700 BSE Limited Exchange Plaza, Bandra- Kurla Complex Fax +91 80 7734439 / 2299 5718 Mail tdps@tdps.co.in P J Towers, Dalal Street Bandra (East) Mumbai - 400 001 Mumbai - 400 051 www.tdps.co.in Scrip Code: 533553 S y m b o l : T D P O W E R S Y S Dear Sir/Mam, SUB: COMMUNICATION TO SHAREHOLDERS - INTIMATION OF TAX DEDUCTED AT SOURCE ON DIVIDEND Pursuant to provisions of the Income Tax Act, 2025, dividend income is taxable in the hands of the shareholders. In this regard, a detailed note on the deduction of tax at source (TDS) on dividend has been sent to shareholders along with the notice of AGM and Annual Report. The aforesaid communication sent to the shareholders is enclosed herewith and is also being made available on the Company’s website at www.tdps.co.in. This is for your information and records. Thanking you, For TD Power Systems Limited Bharat Rajwani Company Secretary & Compliance Officer Encl: A/a TD Power Systems Limited (CIN -L31103KA1999PLC025071) REGISTERED OFFICE & FACTORY: General Communication on Tax Deducted at Source 27, 28 and 29, KIADB Industrial Area Dabaspet, Nelamangala Taluk Bengaluru Rural District Bengaluru – 562 111 India Tel +91 80 229 95700 / 6633 7700 Fax +91 80 7734439 / 2299 5718 Dear Shareholders, Mail tdps@tdps.co.in www.tdps.co.in The Board of Directors of your Company (“Board”) at their meeting held on May 14, 2026 have recommended a dividend of ₹ 1.10/- (One Rupee and Ten paise) per equity share of the face value of ₹ 2/- each for the financial year ended March 31, 2026. The dividend, as recommended by the Board will be payable post approval of shareholders at the ensuing Annual General Meeting of the Company. Shareholders are requested to note that, as per the provisions of the Income Tax Act 2025, the Company would be required to withhold taxes at the prescribed rates on the dividend paid to its shareholders. The withholding tax rate would vary depending on the residential status of the shareholder and the documents submitted by them and accepted by the Company. Accordingly, the above-referred Dividend will be paid after deducting the tax at source as follows: RESIDENT SHAREHOLDER Particulars Applicable Documents required (if any)- Please submit withholding with details of DPID – Client Id/ Folio No. tax Rate If PAN registered 10%* Update the PAN, if not already done, with the (In accordance with depositories (in case of shares held in demat Section 393 of the I.T. mode) and with the Company's Registrar and Act) Transfer Agents – M/s MUFG Intime India Private Limited, (in case of shares held in physical mode). If PAN not registered / 20%* Tax is required to be deducted at source under Invalid PAN registered / Section 393 of the IT Act, at 10% on the amount Inoperative PAN / PAN of dividend where shareholder(s) have not linked with Aadhar registered their valid Permanent Account Number (PAN) and at a rate of 20% for cases wherein: a. the shareholder(s) do not have PAN / have not registered their valid PAN details in their account. b. the shareholder(s) have not linked their Aadhaar with their PAN by due date as specified, rendering the PAN as invalid. Submission of NIL Declaration in Form No. 121 applicable to an Declaration in Form Individual / HUF, fulfilling certain conditions.* 121 by Individual/HUF To download Form 121 Click here; resident shareholders https://web.in.mpms.mufg.com/client-downloads.html *A declaration in Form No. 121 furnished to the Company to the effect that the tax on the estimated total income of the FY 2026-27 after including the income on which tax is to be deducted, will be NIL. Submitting Order under Rate Submit certificate obtained from tax authority for Section 395(1) of the provided in Lower/NIL withholding tax. Income Tax Act, the Order Tax will be deducted at the rate specified in the 2025 said certificate, subject to furnishing a self attested copy of the same. The certificate should be valid for the financial year 2026-27 and should cover the dividend income. Persons for whom NIL Documentary evidence that the said provisions Section 393 of the Act is u/s 393 are not applicable. not applicable (e.g. LIC, GIC) A declaration that it has full beneficial interest with respect to the shares owned by it along with Persons Covered under NIL Documentary evidence that the person is Section 393 (5) of the Act covered under said Section 393(5) of the Act. (e.g. Mutual Funds, Mutual Funds: Govt.) Self-declaration that they are specified in Section 11 read with Schedule VII of the Income Tax Act, 2025 along with a self-attested copy of a PAN card and registration certificate. Also, certificate that payment of by way of dividend in respect of any securities or shares are owned by it or in which it has full beneficial interest. Category - I & II NIL AIF established/incorporated in India - Self- Alternative Investment declaration that its income is exempt under Funds (AIF) registered Section 11 of the Income Tax Act, 2025 and they with SEBI are governed by SEBI regulations as Category I or Category II AIF along with selfattested copy of the PAN card and registration certificate * Notwithstanding the above, as amended, the tax would not be deducted on payment of dividend to a resident Individual shareholder, if the total dividend to be paid in FY 2026-27 does not exceed Rs. 10,000. In terms of Rule 203(2) of Income Tax Rules 2026 if dividend income on which tax has been deducted at source is assessable in the hands of a person other than the deductee, then the deductee should file a declaration with the Company in the manner prescribed by Rules. NON-RESIDENT SHAREHOLDER Particulars Applicable Documents required (if any)- Please submit with withholding details of DPID – Client Id/ Folio No. Rate Non-resident 20% In order to apply the Tax Treaty rate, the following shareholders (plus documents would be required: [including Foreign applicable 1. Self-attested copy of Tax Identification Number and Institutional Investors surcharge and Permanent Account Number (PAN), if available. (FIIs / Foreign Portfolio cess) 2. Tax Residency Certificate (TRC) for FY 2026-27 obtained from the revenue/tax authorities of the Investors (FPIs)] country of which the shareholder is a resident. 3. Form 41 duly filled and signed. Click here to download Form 41 Tax Treaty Rate** https://web.in.mpms.mufg.com/client-downloads.html 4. Self-declaration for FY 2026-27 from Non- resident, (whichever is primarily covering the following: lower) - Non-resident is eligible to claim the benefit of respective tax treaty. - Non-resident receiving the dividend income is the beneficial owner of such income. - Dividend income is not attributable/effectively. - connected to any Permanent Establishment (PE) or Fixed Base in India. 5. Any other documents as prescribed from time to time. Click here to download Self Declaration format https://web.in.mpms.mufg.com/client-downloads.html Submitting Order u/s Rate provided Lower/NIL withholding tax certificate obtained from 395(1) (i.e. lower or in the tax authority. NIL withholding tax Order certificate) **Further, as per Section 159 of the Income Tax Act, 2025 the Non-resident shareholder has the option to be governed by the provisions of the Double Tax Avoidance Agreement (tax treaty) between India and the country of tax residence of the shareholder, read with provisions laid down in Multilateral Instrument, wherever applicable. For this purpose, i.e. to avail of Tax Treaty benefits, the non-resident shareholder will have to provide documents as specified above. Kindly note that the Company is not obligated to apply the [Showing first 8,000 characters — download PDF for full document]