General Updates

0--------- ~ 0------- - Automotive Axles Limited . . 0---- 24th June 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1, G- Block Dalal Street Bandra (E) Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 505010 Scrip Symbol: AUTOAXLES Dear Sir/Madam, Sub: Communication to Shareholders - Deduction of Tax at Source (TDS) on Final Dividend payment for the Financial year ended 31st March 2026. According to the provisions of the Income Tax Act, 2025, the Dividend income is Taxable in the hands of shareholders. In this regard, we have sent an e-mail communication to all the shareholders of the Company whose e-mail ids are registered with the Company/Registrar and Transfer Agents/Depositories information regarding the applicability of tax deduction and the process to be followed by the eligible shareholders to submit the tax exemption forms and supporting documents to ensure appropriate deduction of tax on the dividend, if declared at the Annual General Meeting and payable during Financial Year 2026-27. This disclosure is being made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The said communication is also available on the website of the Company at www.autoaxle.com This is for your information and records Thanking you, Yours faithfully For Automotive Axles Limited Debadas Panda Company Secretary & Compliance Officer Encl: as above 9 Regd. Office & Mysuru Unit : Al\ info@autoaxle.com Hootagalli Industrial Area, Off Hunsur Road, \. +91 -821 -719 7500 •,,,,. www.autoaxle.com Mysuru -570 018, Karnataka, INDIA. CIN: L51909KA1981PLC004198 ISO 9001: 2015 / IATF 16949: 2016, EMS: ISO: 14001: 2015 & OHSAS: ISO: 45001: 2018 Automotive Axles Limited CIN: L51909KA1981PLC004198 Regd. Office: Hootagalli Industrial Area, Off Hunsur Road, Mysuru, Karnataka – 570 018 Telephone: 91-821-7197500, Fax: 91-821-2402451 Email: sec@autoaxle.com Website: www.autoaxle.com Date: 24/06/2026 Folio No. / Dp Id Client Id: Name of the Shareholder: Subject: Communication in respect of Deduction of Tax at Source (TDS) on Final Dividend payment for the Financial year ended 31st March 2026. The Board of Directors of Automotive Axles Limited (the “Company”) at its Meeting held on Tuesday, 19th May 2026 recommended Final Dividend of Rs.32/- (320%) per Equity Share of Rs.10/- each fully paid-up for the financial year ended 31st March 2026, subject to the approval of Shareholders of the Company at the 45th Annual General Meeting (the “AGM”), the date of which will be held on Wednesday, 12th August 2026 and the Record Date for the same is on Wednesday, 5th August 2026. The aforesaid dividend, if approved at the 45th AGM, will be paid to the Shareholders holding equity shares of the Company in electronic mode only, as on record date fixed for determining eligibility of Shareholders to receive such dividend. As per the Income Tax Act, 2025, dividends paid or distributed by a Company shall be taxable in the hands of the Shareholders. The Company shall therefore be required to deduct tax at source (“The TDS”) at the time of making the payment of the said Final Dividend. The rate at which the dividend may be subject to withholding tax would vary depending on the residential status of the Shareholder and the documents submitted by them and accepted by the Company. Accordingly, the above referred Final Dividend will be paid after deducting tax at source. Click here to download detailed Note on Taxation. We request you to kindly go through the same and submit the tax exemption forms and supporting documents directly in the below mentioned link on or before Wednesday, 5th August 2026 till 05:00 PM (IST). https://ipostatus.integratedregistry.in/TaxExemptionRegistration.aspx In case of any queries, the shareholders may write to us at our e-mail address sec@autoaxle.com or to RTA’s Email-id: irg@integratedindia.in Thanking you, Yours faithfully, For Automotive Axles Limited Sd/- Debadas Panda Company Secretary & Compliance Officer Automotive Axles Limited CIN: L51909KA1981PLC004198 Regd. Office: Hootagalli Industrial Area, Off Hunsur Road, Mysuru, Karnataka – 570 018 Telephone: 91-821-7197500, Fax: 91-821-2402451 Email: sec@autoaxle.com Website: www.autoaxle.com Date: 24-06-2026 Subject: Communication in respect of Deduction of Tax at Source (TDS) on Final Dividend payment for the Financial Year ended 31st March 2026. The Board of Directors of Automotive Axles Limited (“the Company”) at its meeting held on 19th May 2026 recommended final dividend of Rs.32/- (320%) per Equity Share of Rs.10/- each fully paid-up for the financial year ended 31st March, 2026, subject to the approval of Shareholders of the Company at the 45th Annual General Meeting (AGM), the date of which will be held on Wednesday, 12th August 2026 and record date for the same is on Wednesday, 5th August 2026. The aforesaid dividend, if approved at the 45th AGM, will be paid to the Shareholders holding equity shares of the Company in Electronic mode only, as on record date fixed for determining eligibility of Shareholders to receive such dividend. As per the Income Tax Act, 2025, dividends paid or distributed by a Company shall be taxable in the hands of the Shareholders. The Company shall therefore be required to deduct tax at source at the time of making the payment of the said Final Dividend. The rate at which the dividend may be subject to withholding tax would vary depending on the residential status of the Shareholder and the documents submitted by them and accepted by the Company. Accordingly, the above-referred Final Dividend will be paid after deducting tax at source as follows: Resident Shareholders It may be noted that tax would not be deducted at source on payment of dividend to resident Individual Shareholder, if total dividend amount to be paid in a financial year does not exceed Rs. 10,000/-. Further, Tax to be deducted at source (wherever applicable), would be as under: Applicable Particulars Documents required (if any) Rate Update the PAN, and the residential status as per Income Tax Act, 2025 if not already done, 10% with the depositories (in case of shares held in demat mode) and with the Company's Registrar and Transfer Agent (in case of shares held in physical mode). Shareholders having Form 121 (erstwhile Form 15G) (applicable to any person other than a Company or a Firm)/Form 121 (erstwhile Form 15H) 15H (applicable to an Individual above the age of 60 years), provided that all the required eligibility conditions are met and a self-attested copy of PAN is furnished. Shareholders not having/furnished 20% - PAN/ Invalid PAN Shareholders Rate submitting the Order provided Lower/NIL withholding tax certificate obtained from tax authority along with self-attested under Section 395 of in the copy of PAN. the Income Tax Act, Order 2025 Shareholders (e.g. LIC, GIC) for Declaration that it has full beneficial interest with respect to the shares owned by it along whom Section 393(1) NIL with self-attested copy of PAN. of the Act is not applicable Page 1 of 3 Shareholders covered Certificate of registration under Schedule VII (20) (erstwhile us 10(23D)) issued by the under Section 393(2) NIL appropriate authority, self-attested copy of PAN, documentary evidence that the person is of the Act (e.g. I Ic overed under said Section 393(2) of the Act. Mutual Funds, Govt.) Resident individual Shareholders are requested to ensure that Aadhaar Number is linked with PAN, failing which, PAN shall be considered as inoperative/invalid and hence, tax at 20% shall be deducted in such cases. Non - Resident Shareholders As per Section 159 of the Income Tax Act, non-resident shareholder has the option of being governed by the provisions of the Double Tax Avoidance Agreement (“DTAA” or “Tax Treaty”) between India and the country of tax residence of the Shareholder, if they are more beneficial to them. Please refer to the t [Showing first 8,000 characters — download PDF for full document]