NSEUpdates23 Oct 2026 · 23 Oct 2026, 06:23 pm
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SAGILITY LIMITED · SAGILITY
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Sagility Limited has informed the Exchange regarding 'Communication to Shareholders regarding TDS on Interim Dividend FY2026-27'. The company has declared an interim dividend of Rs. 0.15 per equity share for the Financial Year 2026-27 and has sent an email communication to shareholders regarding tax provisions applicable to the dividend payment.
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SAGILITY LIMITED has informed the Exchange regarding 'Communication to Shareholders regarding TDS on Interim Dividend FY2026-27'.
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SAGILITY_23102026182338_IntimationTDSCommunicationsigned.pdf
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Date: October 23, 2026
The Manager The Manager
Listing Department Listing Department
National Stock Exchange of India Limited (NSE) BSE Limited (BSE)
Exchange Plaza, 5th Floor Phiroze Jeejeebhoy Towers
Plot No. C/1, G-Block Dalal Street
Bandra-Kurla Complex Mumbai - 400 001
Bandra (E), Mumbai - 400 051 Scrip Code:544282
Symbol: SAGILITY
Dear Sir/Ma’am,
Subject: Communication to Shareholders Regarding TDS on Interim Dividend FY 2026-27.
This is to inform you that, following the declaration of interim dividend for the financial year 2026–27
by the Board of Directors at its meeting held on October 22, 2026, the Company has sent the attached
email communication to shareholders whose email addresses are registered with the
Depositories/Company. The communication relates to tax provisions applicable to the dividend
payment.
A specimen of the said communication is enclosed herewith for your reference and records.
The above information is being made available on the website of the Company https://sagility.com/
Thanking You,
For Sagility Limited
Satishkumar Sakharayapattana Seetharamaiah
Company Secretary & Compliance Officer
M. No. A16008
Encl: a/a
Sagility Limited
(Formerly Sagility India Limited)
Registered Office - No. 23 & 24, AMR Tech Park, Building 2A, First Floor Hongasandara Village, Off Hosur
Road, Bommanahalli, Bengaluru – 560068, Karnataka, India
Corporate Identification Number: L72900KA2021PLC150054
Tel. No.: 080-71251500, E-mail: investorservices@sagility.com, Website: www.sagility.com
Sagility Limited
(Formerly Sagility India Limited)
Registered Office - No. 23 & 24, AMR Tech Park, Building 2A, First Floor Hongasandara
Village, Off Hosur Road, Bommanahalli, Bengaluru – 560068, Karnataka, India
Corporate Identification Number: L72900KA2021PLC150054
Tel. No.: 080-71251500, E-mail: investorservices@sagility.com, Website: www.sagility.com
Date: October 23, 2026
Subject: Tax Deduction at Source (“TDS”) on Interim Dividend for the Financial Year 2026-27
Dear Member,
We are pleased to inform you that the Board of Directors of Sagility Limited (“the Company”),
at its meeting held on October 22, 2026, has declared an interim dividend of Rs. 0.15 per
equity share of face value of Rs. 10 each for the Financial Year 2026-27. The said interim
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, in electronic form, as
beneficial owners of the equity shares of the Company, as on the record date, i.e. Friday,
October 30, 2026. This communication provides a brief of the applicable TDS provisions under
the Income-tax Act, 2025 (“the Act”) for Resident and Non-Resident Shareholder categories.
As per the Act, dividend paid or distributed by a company is taxable in the hands of
shareholders. Therefore, the Company is required to deduct taxes at source at the rates
applicable on the amount distributed to the shareholders.
Accordingly, shareholders holding shares in dematerialized mode, are requested to update
their records such as tax residential status as per the Act, Permanent Account Number
(“PAN”), category, residential address and register their email addresses, mobile numbers and
other details with their relevant depositories through their Depository Participants (“DP”) or
with the Registrar and Share Transfer Agent of the Company - MUFG Intime India Private
Limited (“RTA”).
The tax rates for deduction would vary depending on residential status of shareholders,
category of shareholders, and exemptions as provided in the Act subject to submission of
certain particulars/ forms/ documents as mentioned below.
A. Resident Shareholders (both Individuals and Non-Individuals)
Tax will be deducted at source under Section 393(1) (Table: Sl. No. 7) of the Act at the rate of
10% on the amount of dividend payable unless exempt under any of the provisions of the Act,
subject to fulfilment of the following conditions:
(a) Valid PAN is registered with DP or RTA. In case PAN is not available or PAN is invalid, TDS
would be done at higher rate of 20%.
(b) As per Section 262(6)(a) of the Act read with Rule 162 of the Income-tax Rules, 2026 (“the
Rules”), every person who has been allotted a PAN and who is eligible to obtain Aadhaar
(unless specifically exempted), shall be required to link the PAN with Aadhaar. In case of
failure to comply with this, the PAN allotted shall be deemed to be invalid/ inoperative
and shall be liable to all consequences under the Act. Tax shall be deducted at a higher
rate, as provided in Section 397(2) of the Act, i.e., 20% (for determining TDS rate, the
Company may use and rely on the compliance check utility issued by the Income Tax
Department to determine the validity of PANs and inoperative PANs and any such
determination shall be final).
Provided that tax will not be deducted from payment to resident individual shareholders, if
the aggregate of total dividend paid/ payable to them by the Company during tax year 2026-
27 does not exceed Rs.10,000.
Apart from the above, specific provisions applicable to Resident Shareholders are given below
for ready reference.
Particulars of resident Applicable rate of Documents required, if any
shareholders TDS
Resident Individual Nil No TDS shall be done if duly signed Form
Shareholders with valid 121 is submitted to the Company along
Form 121 with self-attested copy of PAN card,
provided that the form is accurately
filled, and it meets the prescribed
eligibility conditions.
Fillable PDF Format of Form 121 is
available at the link provided below.
Please note 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 requirements of the Act and the
Rules made thereunder.
Life Insurance Nil As per the provisions of section 393(4)
Corporation (“LIC”), (Table: Sl. No. 10) of the Act, no tax is
General Insurance required to be deducted on dividend paid
Company (“GIC”), Other to LIC, GIC or its subsidiaries, or any other
Insurer insurer in respect of shares owned by
them or in which they have full beneficial
interest.
Self-declaration qualifying for exemption
stating that the shareholder is the owner
Particulars of resident Applicable rate of Documents required, if any
shareholders TDS
or has full beneficial interest with respect
to shares along with self-attested copy of
PAN card and valid self-attested IRDAI
registration certificate needs to be
submitted.
Shareholders covered Nil As per the provisions of section 393(5) of
under Section 393(5) of the Act, no tax is required to be deducted
the Act [i.e. Mutual on dividend paid to specific entities
fund as specified at including Mutual Fund specified at
Schedule VII (Table: Sl. Schedule VII (Table: Sl. No. 20 or 21).
No. 20 or 21),
Government, etc.] Self-declaration by Mutual Fund
shareholder specified at Schedule VII
(Table: Sl. No. 20 or 21) of the Act stating
that the shareholder is eligible for
exemption along with self-attested copy
PAN card and valid self-attested copy of
SEBI registration certificate/any other
documentary evidence that person is
covered under provision of Section
393(5) of the Act needs to be submitted.
Category I and II Nil No TDS is required to be done as per the
Alternative Investment exemption provided in Schedule V
Fund (AIF) established / (Table: Sl. No. 1) of the Act, subject to
incorporated in India specified conditions.
covered by Notification
no. 51/2015 dated June Self-declaration that the shareholder is
25, 2015 eligible for exemption under Schedule V
(Table: Sl. No. 1) of the Act and
established as Category I or Category II
AIF under SEBI regulations, along with
self-attested copies of registration
certificate and documents issued by SEBI
and PAN card needs to be submitted.
Shareholders whose Nil Self-declaration stating that the
income is shareholder is -
unconditionally exempt - unconditionally exempt under the
(e.g. entities covered by relevant provision of the Act.
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