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July 22, 2026
The Manager – Listing
BSE Limited,
P J Towers, Dalal Street, Fort,
Mumbai 400001
The Manager – Listing
National Stock Exchange of India Ltd.
Exchange Plaza,
Bandra-Kurla Complex, Bandra (E),
Mumbai 400051
Dear Sir/ Madam,
Subject: Communication to the shareholders w.r.t. TDS on Dividend
Pursuant to the recommendation of the Dividend by the Board of Directors of the Company at
its Meeting held on May 26, 2026, the Company has sent the enclosed e-mail communication
to its shareholders, with respect to the deduction of tax at source on Dividend for the financial
year 2025-26, whose email addresses are registered with the Company/ Depository
Participants.
The specimen of the communication is appended herewith for your reference and records, and
the same will also be available on the website of the Company at www.astrazeneca.com/india.
We request you to kindly take the above on records.
Thanking you,
For AstraZeneca Pharma India Limited
Tanya Sanish
Company Secretary & Compliance Officer
ACS No. 25784
Date: July 21, 2026
Subject: Deduction of tax at source with respect to Final Dividend recommended (subject
to approval of shareholders at the 47th Annual General Meeting).
Dear Shareholders,
As you may be aware the Board of Directors of your Company have recommended a Final
dividend of Rs. 36/- per share for the financial year 2025-26 at its Meeting held on May 26,
2026, subject to the approval of the Shareholders at the ensuing 47th Annual General Meeting
scheduled to be held on Monday, August 10, 2026. The Company has fixed July 31, 2026 as
the record date for determining entitlement of Shareholders to receive the final dividend.
Pursuant to changes introduced in the Finance Act, 2020, dividends paid or distributed by a
Company after 1st April 2020 shall be taxable in the hands of the shareholders.
Rate at which dividend may be subject to withholding tax would vary depending on residential
status of the shareholder and documents submitted by them and accepted by the Company.
Accordingly, Final Dividend for FY 26 will be paid after deducting tax at source under section
393 of the Income Tax Act, 2025 (“the Act”) follows:
Resident Shareholders
It may be noted that tax would not be deducted at source on payment of dividend to resident
individual shareholder, if total dividend amount to be paid in FY 27 does not exceed INR
10,000/-.
Tax to be deducted at source for FY27, wherever applicable, would be as under:
Particulars Applicable Documents required (if any)
Rate
Shareholders 10% Update PAN, and residential status as per Income Tax Act,
having PAN 2025, if not already done, with Depositories (in case of
shares held in demat mode) and with the Company's
Registrar and Transfer Agent (RTA) (in case of shares
held in physical mode).
NIL Form 121 (erstwhile form 15G and form 15H), provided
that all required eligibility conditions are met, and a self-
attested copy of PAN is furnished.
Shareholders not 20% -
having/ furnished
PAN/ Invalid PAN
Shareholders Rate Lower/ NIL withholding tax certificate obtained from tax
submitting the provided in authority along with self-attested copy of PAN.
Order under the Order
section 395(1) of
the Act
Shareholders (e.g. NIL Declaration that it has full beneficial interest with respect
LIC, GIC) for to the shares owned by it along with self-attested copy of
whom section PAN and registration certificate.
393(1) of the Act
is not applicable
Shareholders NIL Self-declaration that their income is exempt under section
being Alternative 11 [schedule V] of the Act, and they are established as
Investment Funds Category - I or Category - II AIF under the SEBI
(AIFs) regulations along with self-attested copy of relevant
registration documents and PAN.
Shareholders NIL Certificate of registration under Schedule VII (Table: S.
covered under No. 20) issued by the appropriate authority, self-attested
Section 393(5) of copy of PAN, documentary evidence that the person is
the Act (e.g. covered under said section 393(5) of the Act.
Mutual Funds,
Govt.)
Resident individual shareholders are requested to ensure their Aadhar Number is linked with
PAN, failing which, PAN shall be considered as inoperative/ invalid and hence, tax at 20%
shall be deducted in such cases.
Non-Resident Shareholders
As per Section 159 of the Income Tax Act, 2025, non-resident shareholder has the option of
being governed by the provisions of Double Tax Avoidance Treaty (DTAA) between India and
country of tax residence of such shareholder, if they are more beneficial to them. Kindly refer
to below-table for details of documents to avail Tax Treaty benefits.
Particulars Applicable Rate Documents required (if any)
Shareholders, 20% (plus applicable a) Registration copy of FII/ FPI
being Foreign surcharge and cess)
Institutional b) Self-attested copy of Permanent Account
Investors (FIIs)/ OR Number (PAN) allotted by the Indian Income
Foreign Tax authorities.
Portfolio Tax Treaty Rate
Investors (FPIs) (whichever is lower) c) Self-attested copy of Tax Residency Certificate
(TRC) obtained from tax authorities of the
country of which the shareholder is resident,
valid on August 2026.
d) Self-declaration in online Form 41.
e) Self-declaration by non-resident shareholder
about having no Permanent Establishment in
India in accordance with the applicable Tax
Treaty.
f) Self-declaration of Beneficial ownership by
non-resident shareholder.
Other 20% (plus applicable a) Self-attested copy of the Permanent Account
Non-resident surcharge and cess) Number (PAN) allotted by the Indian Income
shareholders Tax authorities.
b) Self-attested copy of Tax Residency Certificate
Tax Treaty Rate (TRC) obtained from the tax authorities of the
(whichever is lower) country of which the shareholder is resident,
valid on August 2026.
c) Self-declaration in online Form 41.
d) Self-declaration by the non-resident
shareholder about having no Permanent
Establishment in India in accordance with the
applicable Tax Treaty.
e) Self-declaration of Beneficial ownership by
non-resident shareholder.
Section 395(1) Rate provided in the Lower/ NIL withholding tax certificate obtained
of the Act Shareholders from tax authority.
submitting Order
under section Order
In case, PAN is not available, the non-resident shareholder (other than a company) shall furnish
(a) name, (b) email ID, (c) contact number, (d) address in residency country, (e) Tax
Identification Number of residency country (f) a certificate of his being resident in any country
or specified territory outside India from the Government of that country or specified territory if
the law of that country or specified territory provides for issuance of such certificate.
It is recommended that shareholders should independently satisfy their eligibility to claim
DTAA benefit including meeting of all conditions laid down by DTAA.
Kindly note that the Company is not obligated to apply beneficial DTAA rates at the time of
tax deduction/ withholding on dividend amounts. Application of beneficial rate as per DTAA
for the purpose of withholding taxes shall depend upon completeness and satisfactory review
by the Company of the documents submitted by non-resident shareholder.
Soft copies of following documents may be downloaded from the link below:
https://ipostatus.integratedregistry.in/TaxExemptionRegistration.aspx
1) Form 121 (erstwhile form 15G and form 15H)
2) Online Form 41
3) Declaration from residents
4) Declaration from non-residents (no Permanent Establishment in India and Beneficial
ownership)
5) Declaration under Rule 217 from non-residents (other than companies) not having PAN
Duly filled and signed aforesaid documents, as applicable, should be uploaded only on weblink
of RTA viz., https://ipostatus.integratedregistry.in/TaxExemptionRegistration.aspx latest ,
by July 31, 2026 2026, 17:00 hrs IST, to enable the Company to determine the appropriate
TDS/ withholding tax rate applicable.
Kindly note that exemptions forms submitted to any other emai
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