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PADMANABH ~( NAVIN FLUORINE J ••" MAFATLAL International Limited GROUP October 30, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Bandra (East), Mumbai 400001 Mumbai 400051 Stock Code: 532504 Stock Code: NAVINFLUOR Dear Sir / Madam, Sub.: Communication to Shareholders - Intimation regarding Tax Deduction on Dividend Pursuant to the Finance Act, 2020, with effect from April 1, 2020, dividend income is taxable in the hands of Shareholders. In view of the same, please find enclosed an email communication is being sent to all Shareholders whose email addresses are registered with the Company/Depositories. The communication shall also be placed on the Company's website at https://nfil.in/investor/comp_announce.html. This is for your information and record. Thanking You, Yours faithfully, For NAVIN FLUORINE INTERNATIONAL LIMITED Authorized Signatory Encl.: a/a Navin Fluorine International Limited 602, 6th Floor, Natraj By Rustomjee, M.V. Road, Western Express Highway, Near Kanakia 351 Building, Andheri (East), Mumbai 400069 India. T: +91 22 6650 9999 E: info@nfil.in W: www.nfil.in • • • CIN: L24110MH1998PLC115499 PADMANABH ~[ NAVIN FLUORINE MAFATLAL J International Limited GROUP Navin Fluorine International Limited CIN: L24110MH1998PLC115499 Registered Office: 602, 6th Floor, Natraj by Rustomjee, 194, M V Road & Western Express Highway, Near Kanakia 351 Building, Andheri (East), Mumbai - 400 069, India Tel: +91 22 6650 9999; Fax: +91 22 6650 9800 Email ID: investor.relations@nfil.in; Website: www.nfil.in Date: October 30, 2026 Ref: Folio / DP Id & Client Id No: Name of the Shareholder: Dear Shareholder(s), Subject: Deduction of Tax at source on dividend under Section 393(1) /393(2) of the Income Tax Act, 2025 (the Act) As you may be aware, that the Board of Directors of your Company, at its Meeting held on October 30, 2026, has declared an Interim dividend of ₹ 8/- (INR Eight rupees only) per equity share of face value of ₹ 2/- each for the Financial Year 2026 -2027. The Interim dividend, as declared by the Board, will be paid to Shareholders holding equity shares of the Company, either in electronic or in physical form, after determining eligibility of Shareholders entitled for payment of dividend, which will be based on the record date i.e. November 05, 2026. The Interim Dividend will be paid on or after November 26, 2026.’ Dividend declared or distributed or paid by a Company after April 1, 2020 is taxable in the hands of the Shareholders. The Company is therefore required to deduct tax at source at the time of distribution or payment of the said dividend. The tax so deducted will be paid to the Central Government (Note 1). The Tax Deducted at Source ('TDS') rate may vary depending on the residential status of the Shareholder and the documents submitted to the Company in accordance with the applicable provisions of the Act. The TDS for various categories of Shareholders along with required documents are provided in Table 1 and 2 below: Table 1: Resident Shareholders Category of Tax Deduction Exemption applicability/ Documentation Shareholder Rate requirement Any resident 10% Update valid PAN, if not already done, with Shareholder depositories (in case of shares held in demat (Note 4 and 5) mode) or with the Company's Registrar and Transfer Agent - Kfin Technologies Limited ("KFin") (in case of shares held in physical mode). No Tax will be deducted in the following cases - • If dividend income to a resident Individual Shareholder during TY 2026-27 does not exceed ₹ 10,000/- (Note 2) • If Shareholder is exempted from TDS provisions through any circular(s) or notification(s) and provides an attested copy of the PAN along with the documentary evidence in relation to the same (Note 3) Submitting NIL Resident Individual Shareholder (i) who is 60 Form 121 years or more during TY 2026-27 OR (ii) who is less than 60 years if the dividend income does not exceed the basic exemption limit on providing Form 121 - on fulfilment of prescribed conditions. Blank Form 121 can be downloaded from the link given at the end of this communication (Note 6) Order under Rate provided Lower/NIL withholding tax certificate obtained section 395 of in the Order from Income Tax authorities. the Act Insurance NIL Documentary evidence that the provisions of Companies: section 393(4) of the Act are not applicable (Note Public & Other 7) Insurance Companies Corporation NIL Declaration that it is a corporation established by established by or under a Central Act whereby income-tax is or under a exempt on the income and accordingly, is covered Central Act under section 393(5)(c) of the Act, along with self- which is, under attested copy of registration certificate and any law for the relevant extract of the section whereby the time being in income is exempt from tax. (format attached force, exempt herewith - 5) from income- tax on its income Mutual Funds NIL Declaration that it is Mutual Fund specified under specified under Sch.VII(20) & Sch.VII(21) of the Act and Sch. VII(20) & accordingly, is covered under section 393(5)(d)(b) Sch. VII(21) of of the Act, along with self-attested copy of the Act registration certificate or notification, as the case may be (format attached herewith - 6) Alternative NIL Declaration that AIF income is exempt under Investment Sch.V(1) of the Act as it has been granted a Fund ('AIF') certificate of registration as a Category I or Category II AIF under the SEBI (AIF) Regulations, 2012 or under the International Financial Services Centre Authority Act, 2019 (format attached herewith - 7). Also, to provide copy of registration document (self-attested). New Pension NIL Declaration that NPS Trust income is exempt System (NPS) under Sch. VII(41) of the Act. Self-attested copy of Trust registration document for establishment of said trust under the Indian Trust Act, 1882 along with self-attested copy of PAN card. Other resident 20% - Shareholder without PAN or having Invalid PAN (Note 8 and 9) Table 2: Non-Resident Shareholders Category of Tax Deduction Exemption applicability/ Documentation Shareholder Rate Requirement Any non- 20% (plus Non-Resident Shareholders may opt for tax rate resident applicable under Double Taxation Avoidance Agreement Shareholder surcharge and ("Tax Treaty"). The Tax Treaty rate shall be (Note 11) cess) or Tax applied for tax deduction at source on submission Treaty rate, of following documents to the Company: - whichever is a. Copy of PAN Card, if any, allotted by the lower Indian authorities b. Self-attested copy of Tax Residency Certificate (TRC) valid as on the Record Date, obtained from the tax authorities of the Country of which the Shareholder is resident c. Copy of electronically filed Form 41 on Income Tax Portal d. Self-declaration confirming not having a Permanent Establishment in India and eligibility to Tax Treaty benefit (format attached herewith - 8) e. Self-declaration regarding 'Principle Purpose Test' (if any) as applicable to respective Treaty (format attached herewith - 8) f. Self-declaration as regards beneficial ownership (format attached herewith -8) The documents referred to in point nos. (d) to (f) can be downloaded from the link given at the end of this communication. In case of Foreign Institutional Investors, Foreign Portfolio Investors (FII, FPI), Self-attested copy of certificate of registration accorded under the relevant regulations of the SEBI. TDS shall be deducted at 20% (plus applicable surcharge and cess), if any, if the above mentioned documents are not provided. Submitting Rate provided Lower/NIL withholding tax certificate obtained Order under in the Order from Income Tax authorities section 197 of the Act Kindly note that the documents as mentioned in the Table 1 and 2 above are required to be uploaded with KFin at https://ris.kfintech.com/form15/ or emailed to einward.ris@kfintech.com. No communic [Showing first 8,000 characters — download PDF for full document]