Updates

Business Use Date: June 26, 2026 To, To, The Corporate Relations Department The Listing Department The BSE Limited The National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai – 400001 Mumbai – 400051 Ref:- Scrip ID: - 500126 Ref:- Scrip Code:- PGHL Dear Shareholders, Subject: Communication in respect of deduction of tax at source (TDS) on the amount of Dividend income from Procter & Gamble Health Limited (“the Company”) We are pleased to inform you that the Board of Directors of the Company at its Meeting held on May 26, 2026, have recommended a final dividend of Rs. 45 per equity share of face value of Rs. 10 each for Company’s Financial Year 2025-26, subject to approval of the shareholders of the Company at the ensuing Annual General Meeting (AGM) of the Company. The said final dividend will be payable to those shareholders whose names appear in the Register of Members of the company or in the records of the Depositories as beneficial owners of the shares as on the record date determined for the AGM. As you may be aware, in accordance with the provisions of the Income Tax Act, 1961 as amended by and read with the provisions of the Indian Finance Act, 2020, dividend declared and paid by the Company after April 1, 2020, is taxable in the hands of shareholders and the Company is required to deduct the tax at source (“TDS”) on the distribution of dividend income to its shareholders at the applicable rates. Accordingly, shareholders holding shares in dematerialized mode, are requested to update their records such as tax residential status, permanent account number (PAN) and register their email addresses, mobile numbers and other details with their relevant depositories through their depository participants. Similarly, shareholders holding shares in physical mode are requested to furnish details to the Company’s registrar and share transfer agent, M/s. Kfin Technologies Private Limited. This will enable us to determine the appropriate TDS rate (if any), as detailed below: A. Resident Shareholders In pursuance to amendment in the Indian Income Tax Provisions, the Company is required to withhold the taxes on dividend income paid to its resident shareholder, as per the prescribed rates under Section 194 of the Income Tax Act, 1961 (“the Act”). Particulars of Applicable Documents required, if any resident rate shareholders Total dividend to be Nil - paid to Individual Business Use shareholder during F.Y. April 1, 2026 to March 31, 2027 does n ot exceed INR 10,000 Valid Form 121 is Nil No TDS shall be deducted if the Individual shareholder furnished provides duly signed Form 121, provided that form is accurately filled, and it meets the prescribed eligibility conditions. Note: Kindly note that as per the new Form 121 (earlier known as Form 15G/15H), the Individual shareholder is required to additionally provide the details of return of income filed (if filed) for previous two Tax Years along with acknowledgement number and Returned income. Accordingly, it would be advisable to furnish the said details at the time of filling the declaration. Apart from the above, please note that the company may reserve its rights to withhold tax in cases where total actual dividend amount exceeds the “Estimated income for which declaration is made” furnished in Form 121. PAN is available 10% All resident shareholders are requested to update the PAN, if not already done, with the depositories (in case of shares held in dematerialized mode) and with the Company's Registrar and Transfer Agents (“RTA”) – M/s. Kfin Technologies Private Limited (in case of shares held in physical mode). PAN is not available/ 20% - invalid PAN Note: In case of invalid PAN or inoperative PAN, TDS shall be deducted even if the shareholder has provided Form 121. Life Insurance Nil As per the provisions of section 194 of the Act, no tax is Corporation (“LIC”), required to be deducted on dividend paid to LIC, GIC General Insurance or its subsidiaries or any other insurer in respect of Company (“GIC”), shares owned by them or in which they have full Other Insurer for beneficial interest. whom Section 194 of the Act is not Self-attested copy of valid IRDAI registration certificate applicable needs to be submitted. Persons Covered Nil Self-attested copy of valid SEBI registration under Section 393 of certificate/any other documentary evidence that person the Act (e.g. Mutual is covered under provision of section 393 needs to be Funds, Govt.) submitted. Submitting Order Rate Lower/NIL withholding tax certificate obtained from u/s 395*** (i.e. lower provided in tax authority the Order Business Use or NIL withholding tax certificate) Category I and II Nil No TDS is required to be deducted as per provision of Alternative the Act, subject to specified conditions. Self-attested Investment Fund copy of valid SEBI registration certificate needs to be submitted. B. Non-Resident Shareholders In pursuance to amendment in the Indian Income Tax Provisions, the Company is required to withhold the taxes on dividend, as per the prescribed rate on dividend payable to its shareholder. Particulars of non- Applicable Documents required, if any resident shareholders rate Non-resident 20% (plus In order to avail the benefit of Double Taxation shareholders (including applicable Avoidance Agreement (DTAA) by Non-resident FII/FPI) surcharge Shareholders, the following documents are required and cess) to be submitted to the Company DTAA 1. Self-attested copy of Indian Permanent Account Rate* Number (PAN) card. In case of persons not (whichever having PAN, substitute of PAN **. is lower) 2. Self-attested copy of Tax Residency Certificate issued by the tax revenue department of your home country 3. Copy of Form 41 as per the Rules prescribed in The Income Tax Rules, 1962 filed electronically on the Indian Income Tax Portal **** 4. Self-declaration from Non-resident, primarily covering the following (draft declaration is enclosed below): · Non-resident is and will continue to remain a tax resident of the country of its residence during the Financial Year 2025-26. · Non-resident is eligible to claim the benefit of respective DTAA · 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. Note: As per the new requirements in Form 146, furnishing Tax Identification Number (TIN) in the remittee’s country of residence is mandatory if the remittee does not have PAN. As per Rule No. 217, if a payee/deductee intends to claim the beneficial rate under DTAA (without having a Business Use PAN), it is mandatory to furnish TIN or a unique identification number issued by their government along with other details, such as their name, email ID, contact number, address in their country of residence and TRC. Submitting Order u/s Rate Lower/NIL withholding tax certificate obtained 395*** (i.e. lower or NIL provided in from tax authority withholding tax the Order certificate) * The Company is not obligated to apply the beneficial DTAA rates at the time of tax deduction/withholding on dividend amounts. Application of beneficial DTAA Rate shall depend upon the completeness of the documents submitted by the Non-Resident shareholder and review to the satisfaction of the Company. ** Tax Identification Number of the shareholder in the country or specified territory of his residence and in case no such number is available, then a unique number on the basis of which the shareholder is identified by the Government of that country or the specified territory of which he claims to be a resident. *** Withholding rate lower than the rates prescribed in the Income Tax Act or the relevant DTAA shall be applied only on submission of a valid lower/nil withholding certificate u/s 197 ob [Showing first 8,000 characters — download PDF for full document]