Updates

18th June, 2026 The Secretary The Secretary BSE Ltd. National Stock Exchange of India Ltd. Corporate Relationship Dept. Exchange Plaza, Plot no. C/1, G Block, 14th floor, P. J. Tower, Bandra-Kurla Complex Dalal Street, Fort Bandra (E), Mumbai - 400 001 Mumbai - 400 051 Stock Code – 500331 Stock Code – PIDILITIND Dear Sir, Sub: Communication to Shareholders - Intimation on Tax Deduction on Dividend Pursuant to the provisions of the Income Tax Act, 2025, dividend income 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. The said communication has also been uploaded on the website of the Company viz. https://www.pidilite.com/investor-relations/shareholders- corner Kindly take the same on your records. Thanking You, Yours faithfully, For Pidilite Industries Limited Manisha Shetty Company Secretary Encl.: as above Regd. Office Pidilite Industries Limited Regent Chambers, 7th Floor Corporate Office Jamnalal Bajaj Marg Ramkrishna Mandir Road 208 Nariman Point Andheri - E, Mumbai 400059, India Mumbai 400 021 T + 91 22 2835 7000 2835 7952 / 2835 7365 F +91 22 2830 4482 www.pidilite.com ClN:L24100MH1969PLC014336 PIDILITE INDUSTRIES LIMITED Corporate Identity Number (CIN): L24100MH1969PLC014336 Regd. Oice: Regent Chambers, 7th Floor, Jamnalal Bajaj Marg, 208, Nariman Point, Mumbai –400 021. Email:investor.relations@pidilite.co.inWebsite:www.pidilite.com Tel.: 91 22 67697000 Date: 18th June, 2026 THIS COMMUNICATION IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION Dear Shareholder, We are pleased to inform you that the Board of Directors at its Meeting held on 7th May, 2026 have recommended a Dividend of Rs. 11.50 per Equity Share of Re. 1/- each for the Financial Year ended 31st March, 2026 and the said Dividend will be payable post approval of the shareholders at the ensuing Annual General Meeting (‘AGM’) of the Company. As you are aware, as per the provisions of the Income Tax Act, 2025 (‘Act’), dividend paid or distributed by a company shall be taxable at the hands of shareholders. As such, the Company shall therefore be required to deduct tax at source (if applicable), at the time of making the payment of the Dividend, if approved at the aforesaid AGM. If there is any change in the information, you are requested to update your records such as tax residential status, PAN and register your e-mail address, mobile numbers and other details with your relevant depositories through your depository participants in case you are holding shares in dematerialized form and if you are holding shares in physical mode, you are requested to furnish details to MUFG Intime India Private Limited, the Registrar and Transfer Agent of the Company (‘RTA’). The records may please be updated before the record date to ensure correct deduction of tax, if applicable. This communication provides a brief on the applicable Tax Deduction at Source (‘TDS’) provisions under the Act for Resident and Non-Resident shareholder categories. I. For Resident Shareholders Applicability and documents required Category of Shareholders Applicable Rate Resident Individuals having 10% (a) No tax shall be deducted on the dividend payable to resident valid PAN individuals if: (i) Total dividend amount to be received by them during the tax year 2026-27 does not exceed Rs.10,000/- or (ii) The shareholder provides online filed Form 121 (applicable to Individuals below and above the age of 60 years and person for receipt of certain incomes without deduction of tax), provided that all the required eligibility conditions are met. Please note that all fields are mandatory to be filled up and Company may at its sole discretion reject the form, if the prescribed requirements under the Act are not fulfilled. The template of Form 121 is attached as Annexure 1. (iii) Exemption certificate is issued by the Income tax department, if any. (b) In case, 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. (c) Depositories have enabled mechanism for electronic submission and simplified the process for submitting Form 121 for resident shareholders holding shares in dematerialized form. The form can be submitted through your Depository i.e. Central Depository Services (India) Limited (CDSL) or National Securities Depositories Limited (NSDL) for all demat holdings linked to your PAN. In such cases, there is no requirement to submit the form separately to the Company or RTA. The details for submission of Form 121 - Part A through CDSL and NSDL are as under: Particulars CDSL NSDL Submission CDSL Electronic SPEED-e Mobile App or platform submission IDeAS platform Web link to https://www.cd 1. Visit the NSDL portal and access slindia.com/For register for NSDL e-Services m121/Form121 (IDeAS), if not already Login.aspx registered. 2. https://eservices.nsdl.co m/SecureWeb/HomeLogin.j sp. Upon successful registration, log in as a SPEED-e Users. 3. From the left-hand menu, select “Form 121-Part A submission”, enter the required details, and submit the form. Resident Individuals not 20% In case, shareholders do not have PAN/ invalid PAN/PAN is not having PAN/ discrepancy in linked with Aadhar/not registered their valid PAN details in their account, TDS at a higher rate of 20% shall be applicable as per section 397(2) of the Act. Resident Non-Individuals Nil (a) 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 (equity) 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 (b) Mutual Funds: Self-declaration that it is registered with SEBI and is qualifying for exemption 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. (c) 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. (d) New Pension System (NPS) Trust: Self-declaration that it qualifies as NPS trust and income is eligible for exemption under Schedule VII [Table: S. 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. Template of self-declaration is enclosed as Annexure 2. (e) Other non-individual shareholders: Self-attested copy of documentary evidence supporting the exemption along with self- attested copy of PAN card. (f) In case 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 of certificate to the Company. II. For Non-resident Shareholders Category of Applicable Applicability and documents required Shareholders Rate Non – 20% As per domestic tax law: residents Taxes are required to be withheld in accordance with the provisions of section 393(2) [Table Sl. No 17] read with section 207(1) [Table Sl. No. 1] of the Act. The withholding tax shall be at the rate of 20% (plus applicable surcharge and cess) on the amount of dividend payable. 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. As per D [Showing first 8,000 characters — download PDF for full document]