Updates

IVP LIMITED Regd. Office : Shashikant N. Redij Marg, Ghorupdeo, Mumbai - 400 033 Tel. : +91-22- 3507 5360 Email : ivp@ivpindia.com Website : www.ivpindia.com CIN : L74999MH1929PLC001503 Ref. No. IVPSEC/SEC/409/07/2026-27 July 22, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers ‘Exchange Plaza’, C - 1, Block G, Dalal Street Bandra- Kurla Complex, Mumbai- 400 001 Bandra (E), Security Code: 507580 Mumbai – 400 051 Stock Symbol: IVP Dear Sir/Madam, Sub: Communication to Shareholders – Intimation of Tax Deduction on Dividend. Pursuant to the Income Tax Act, 2025, dividend paid and distributed by a Company is taxable in the hands of shareholders. In this regard, please find enclosed herewith an email communication which has been sent to all the shareholders whose email addresses are registered with the Company/ Depositories, inter-alia, indicating the process and documentation required for claiming tax exemption on dividend, if declared at the 97th Annual General Meeting. The said communication has also been uploaded on the website of the Company viz. https://www.ivpindia.com/announcements. Kindly take the same on your records. Thanking You, For IVP Limited Jay R Mehta Company Secretary & Compliance Officer Encl. As above IVP LIMITED CIN: L74999MH1929PLC001503 Regd. Office: Shashikant N. Redij Marg, Ghorupdeo, Mumbai - 400 033 Phone No: 022-35075360 Website: http://www.ivpindia.com; Email: ivpsecretarial@ivpindia.com Date: July 22, 2026 Dear Shareholder, Subject: Deduction of Tax deducted at source on Final Dividend for FY 2025-26 We hope that you and your family are safe and healthy. We are pleased to inform you that the Board of Directors of the Company had at its meeting held on May 21, 2026, recommended a dividend of Rs. 1.5 per Equity Share of Rs. 10 each (15%), for the financial year ended March 31, 2026 subject to the approval of the Shareholders of the Company at its forthcoming Annual General Meeting (‘AGM’). The important dates in this regard are as follows: Event Date AGM Date Thursday, August 06, 2026 Record Date Thursday, July 30, 2026 Dividend Payout date From Monday, August 10, 2026 Last date to submit tax related documents Thursday, July 30, 2026 As per the Income Tax Act, 2025 (the Act), dividend paid and distributed by a Company is taxable in the hands of shareholders. The Company shall, therefore, be required to deduct taxes at source (TDS) at the time of making payment of the dividend, if approved by the Shareholders at the forthcoming AGM. Shareholders are requested to ensure that their bank account details in their respective demat accounts/physical folios are updated, to enable the Company to make timely credit of dividend in their bank accounts. The tax deduction rates would vary depending on the residential status of the shareholders, documents submitted by the shareholders and accepted by the Company. This communication provides a brief of the applicable Tax Deduction at Source (TDS) provisions under the Act for Resident and Non-Resident Shareholder categories. For Resident Shareholders Tax is required to be deducted at source under Section 393(1) read with 393(4) of the Act, at the rate of 10% on the amount of dividend where Shareholders have registered their valid Permanent Account Number (PAN). In case, Shareholders do not have PAN/invalid PAN/PAN not linked with Aadhaar, TDS at the rate of 20% shall be deducted under Section 397(2) of the Act. a. For Resident Individuals: No tax shall be deducted on dividend payable to resident individuals if: i. Total dividend amount to be received by them during the Tax Year (TY) 2026-27 does not exceed Rs. 10,000; or ii. The Shareholder provides Form 121, provided that all the required eligibility conditions are met. Please note that all fields are mandatory to be filled up and the Company may at its sole discretion reject the form, if it does not fulfil the prescribed requirement under the Act. Click here to access Form 121. iii. Exemption certificate is issued by the Income-tax Department, if any. b. Resident – other than Individuals: No tax shall be deducted on dividend payable to the following resident-other than individuals where they provide details and documents. Click here to access Resident Tax Declaration Category of Tax Deduction Exemption Applicability / Documents required shareholders Rate Self-declaration that it qualifies as ‘Insurer’ as per section 2(7A) of the Insurance Act, 1938 and has Insurance full beneficial interest with respect to the equity Companies shares owned by it along with self-attested copy of PAN card and certificate of registration with Insurance Regulatory and Development Authority (IRDA)/ Life Insurance Corporation of India (LIC)/ General Insurance Corporation of India (GIC). Mutual Funds Self-declaration that it is registered with Securities and Exchange Board of India (SEBI) and as specified at Schedule VII to section 11 of the Act along with self-attested copy of PAN card and certificate of registration with SEBI. Alternative Self-declaration that its income is exempt under Investment Fund Schedule V to section 11 of the Act, and they are registered with SEBI as Category I or Category II AIF along with self-attested copy of the PAN card and certificate of AIF registration with SEBI. National Pension Self-declaration that it qualifies as NPS Trust and System (NPS) Trust income is eligible for exemption under Schedule VII to section 11 of the Act and being regulated by the provisions of the Indian Trusts Act, 1882 along with self-attested copy of the PAN card. Other Non- As applicable Self-attested copy of documentary evidence Individual supporting the exemption along with self-attested Shareholders copy of PAN card. In case Resident Shareholders provide certificate under Section 395(1) of the Act, for lower / NIL withholding of taxes, rate specified in the said certificate shall be considered, on submission of self-attested copy to the Company. For Non-resident Shareholders a. As per Domestic Tax Law Taxes are required to be withheld in accordance with the provisions of Section 393(2) of the Act as per the rates as applicable. As per the relevant provisions of the Act, the withholding tax shall be at the rate of 20% (plus applicable surcharge and cess) on the amount of dividend payable to them. In case, non-resident Shareholders provide a certificate issued under Section 395(1) of the Act, for lower/ Nil withholding of taxes, rate specified in the said certificate shall be considered, on submission of self-attested copy of the same. b. As per Double Tax Avoidance Agreement (DTAA) As per Section 159 of the Act, the non-resident Shareholder has the option to be governed by the provisions of the DTAA between India and the country of tax residence of the Shareholder, if they are more beneficial to them. For this purpose, i.e. to avail DTAA benefit, the non-resident Shareholders are required to submit the following: i Self-attested copy of the PAN card allotted by the Indian Income Tax authorities. ii Self-attested copy of Tax Residency Certificate (TRC) for the year 2026-27 or calendar year 2026, valid as on record date, obtained from the tax authorities of the country of which the Shareholder is a resident. iii Self-declaration in Form 41 for Tax Year 2026-27 executed in electronic mode from Income tax portal which can be downloaded from https://eportal.incometax.gov.in/. Click here to access Procedure to file Form 41. iv Self-declaration by Shareholder of meeting treaty eligibility requirement and satisfying beneficial ownership requirement (TY 2026-27). Click here to access Non- Resident Tax Declaration. (Required only where Tax treaty bene(cid:976)it needs to be availed). v In case of Foreign Institutional Investors and Foreign Portfolio Investors, copy of SEBI registration certificate. vi In case of Shareholder being tax resident of Singapore, please furnish the letter issued by the competent authority or any o [Showing first 8,000 characters — download PDF for full document]