General Updates

June 30, 2026 To, To, The Listing Department The Listing Department BSE Limited, National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Mumbai – 400001 Bandra (East), Mumbai – 400051 Scrip Code: 544574 Symbol: TATACAP Dear Sir / Madam, Sub.: Communication to Shareholders - Intimation about Tax Deduction at Source on Dividend Ref.: Tata Capital Limited (“the Company”) Pursuant to the provisions of the Income Tax Act, 2025, dividend income is taxable in the hands of the shareholders. In this regard, please find enclosed herewith an e-mail communication which has been sent today i.e. June 30, 2026, to all the shareholders of the Company whose e-mail IDs are registered with the MUFG Intime India Private Limited (formerly Link Intime India Private Limited), Registrar & Share Transfer Agent / Depository Participant / Company explaining the applicability of tax deduction and the process to be followed by eligible shareholders to ensure appropriate tax deduction on the dividend, if declared at the ensuing Annual General Meeting of the Company and payable during Financial Year 2026-27. The above referred Communication is also available on the website of the Company at www.tatacapital.com. This is for your information and records. Thanking you, Yours faithfully, For Tata Capital Limited Sarita Kamath Chief Legal and Compliance Officer & Company Secretary Encl.: As above. TATA CAPITAL LIMITED Corporate Identity Number: L65990MH1991PLC060670 Registered Office: 11th Floor, Tower A, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai – 400 013 Tel: 022 6606 9000; Fax: 022 66562699 Website: www.tatacapital.com June 30, 2026 Dear Shareholder, We are pleased to inform you that the Board of Directors of Tata Capital Limited (“the Company”), at its meeting held on Thursday, April 23, 2026, has recommended a final dividend of Re. 0.57 per equity share of Rs. 10/- each, for the Financial Year ended March 31, 2026, subject to the approval of the Shareholders of the Company at the ensuing Annual General Meeting (“AGM”). As you are aware, pursuant to implementation of Income-tax Act, 2025 (‘the Act’) and the rules framed thereunder with effect from 01 April 2026, dividend paid or distributed by a company shall be taxable at the hands of the shareholders. Accordingly, the Company is required to deduct tax at source at the time of making payment of dividend, if declared at the AGM of the Company. This communication provides a brief overview of the applicable provisions of the Act relating to Tax Deduction at Source (‘TDS’) on dividend for Resident and Non-Resident shareholder categories. SECTION A: TDS PROVISIONS AND DOCUMENTS REQUIRED, AS APPLICABLE, FOR RELEVANT CATEGORY OF SHAREHOLDERS I. For Resident Shareholders: Tax is required to be deducted at source under Section 393(1) [Table: S.No.7] read with section 393(4) [Table Sr. no. 10] of the Act at 10% on the amount of dividend where shareholder(s) have registered their valid Permanent Account Number (‘PAN’). In case, shareholder(s) do not have PAN / have not registered their valid PAN details with Depositories / Registrar and Transfer Agent (‘RTA’) of the Company, TDS at the rate of 20% shall be deducted under Section 397(2) of the Act. a. Resident individuals: No tax shall be deducted on the dividend payable to resident individuals if: • Total dividend to be received by them from the Company during Tax Year (‘TY’) 2026-27 does not exceed Rs. 10,000/-. • 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 duly signed. The Company may at its sole discretion reject the Form if it does not fulfil the requirement of law. Format of Form 121 is enclosed herewith as Annexure 1. • Exemption certificate, if any, issued by the Income-tax Department. Note: Please note that linking of PAN and Aadhaar is mandatory. Accordingly, the shareholders are requested to link their PAN with Aadhaar on the income-tax website. In case the PAN is not linked with Aadhaar, then the PAN is liable to be treated as inoperative, and TDS would be deducted at higher rate prescribed in Section 397(2). b. Resident non-individuals: No tax shall be deducted on the dividend payable to the following resident non- individuals where they provide details and documents as per the format attached in Annexure 2. • Insurance Companies: Self declaration that it qualifies as 'Insurer' as per section 2(7A) of the Insurance Act, 1938 and has full beneficial interest with respect to the ordinary shares owned by it along with self-attested copy of PAN card and certificate of registration with Insurance Regulatory and Development Authority (IRDA)/ LIC/ GIC. • Mutual Funds: Self-declaration that it is registered with SEBI and is notified under Schedule VII [Table: Sl. No. 20 or 21] to section 11 of the Act along with self-attested copy of PAN card and certificate of registration with SEBI. • Alternative Investment Fund (AIF): Self-declaration that its income is exempt under Schedule V [Table: Sl. No. 1] 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. • New Pension System (NPS) Trust: Self-declaration that it qualifies as NPS trust and income is eligible for exemption under Schedule VII [Table: Sl. No. 41] 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. • Recognized provident fund / Approved superannuation fund / Approved gratuity fund: Self-declaration that its income is eligible for exemption under Schedule VII [Table: Sl. No. 22,23 and 24] to Section 11 of the Act along with self-attested copy of PAN card. • Other non-individual shareholders: Self-attested copy of documentary evidence supporting the exemption along with self-attested copy of PAN card. c. In case shareholders (individuals or non-individuals) provide certificate under Section 395(1) of the Act, for lower / NIL withholding of taxes, the rate specified in such certificate shall be considered, on submission of self-attested copy of the certificate. II. For Non-Resident Shareholders: a. Taxes are required to be withheld in accordance with the provisions of Sections 393(2) [Table Sl. No 17] read with section 207(1) [Table Sl. No. 1] of the Act as per the rates in force. 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, the rate specified in such certificate shall be considered based on submission of self-attested copy of the certificate. b. Further, as per Section 159 of the Act, the non-resident shareholder has the option to be governed by the provisions of the Double Taxation Avoidance Agreement between India and the country of tax residence of the shareholder (‘Tax Treaty’), if they are more beneficial to them. To avail such Tax Treaty benefits, the non-resident shareholders will have to provide the following: • Self-attested copy of the PAN Card allotted by the Indian Income Tax authorities. If PAN is not available, the non-resident shareholder shall furnish name, email address, contact number, tax identification number allotted in the country of residence and address in country of residence (format attached herewith as Annexure 3). • Self-attested copy of Tax Residency Certificate (‘TRC’) (of calendar year 2026 or TY 2026-27 or later) obtained from the tax authorities of the country of which the shareholder is resident. • Form 41 in electronic format as required under section 159(1) and 159(2) of the Act 2025 by filling electronically on the incom [Showing first 8,000 characters — download PDF for full document]