General Updates

SECT/BFIL/ June 24, 2026 National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Bandra-Kurla Complex Phiroze Jeejeebhoy Tower Bandra (E), Dalal Street, Fort, Mumbai – 400 051 Mumbai – 400 001. SYMBOL – BFINVEST Scrip Code – 533303 ISIN No - lNE878K01010 Sub.: BF Investment Limited - Final Dividend - Tax Deduction at Source (TDS) Communication Dear Sir / Madam, We refer to our earlier intimation dated May 29, 2026, wherein we have informed the stock exchanges that the Board of Directors of the Company in their meeting held on Friday, May 29, 2026, have recommended Final Dividend of Rs. 10/- per Equity Share of Rs. 5/- each (i.e. 200%) for the Financial Year 2025-26, subject to approval of members at ensuing AGM. In this regard, please find enclosed herewith an e-mail communication, which has been sent to all the shareholders of the Company whose e-mail IDs are registered with the Company explaining the process on withholding tax from dividends (TDS) to be paid to the members at prescribed rates along with the necessary annexures. This intimation is also being made available on the website of the Company at www.bfilpune.com. Kindly take the same on your record. Yours Faithfully, For BF Investment Limited Gayatri Pendse Karandikar Company Secretary and Compliance Officer Email: Gayatri.Pendse@bfilpune.com Encl: Email Sent to shareholders Date: June 24, 2026 Dear Shareholder, Subject: BF Investment Limited – Final Dividend 2025-26 - Communication on Tax Deduction at Source (TDS) We hope this communication finds you safe and in good health. We are pleased to inform you that the Board of Directors at their Meeting held on Friday, May 29, 2026, recommended a Final Dividend of Rs. 10/- per equity share of Rs. 5 /- each (i.e., 200%) for the Financial Year 2025-26, subject to the approval of the Shareholders of the Company, at its forthcoming Annual General Meeting (AGM). The important dates in this regard are as follows: Event Dates Annual General Meeting Thursday, July 30, 2026 Dividend Payout Date On or after Monday, August 03, 2026 Record Date Friday, July 03, 2026 Last date to submit tax related documents Friday, July 03, 2026 Tax Deduction at Source (TDS) on Dividend As per the Income Tax Act, 2025 (the Act), dividend income is taxable in the hands of shareholders. Accordingly, the Company is required to deduct tax at source (TDS) at the time of payment of dividend, if approved by the Shareholders in the forthcoming AGM. SECTION I - FOR ALL SHAREHOLDERS - UPDATION OF BANK DETAILS Update of Bank Account Details (Mandatory for Dividend Payment): SEBI regulations have been amended to mandate that all listed companies must pay dividends and other amounts EXCLUSIVELY through electronic means, eliminating the use of physical warrants or cheques. To enable electronic credit of the dividend, shareholders are requested to ensure that their bank account details are updated: · For shares held in demat form: Update with your Depository Participant. · For shares held in physical form: Update with MUFG Intime India Private Limited, Block- 202, 2nd Floor, Akshay Complex, Near Ganesh Temple, Off Dhole Patil Road, Pune – 411001 along with PAN, mobile number, email ID, bank details, specimen signature, and nomination (payment of dividends for shares in physical mode is permitted only after furnishing all the above-mentioned details as mandated by SEBI circulars). SECTION II: TDS PROVISIONS AND DOCUMENTS REQUIRED, AS APPLICABLE FOR RELEVANT CATEGORY OF SHAREHOLDERS Shareholders are requested to take note of the TDS rates and document(s), if any, which are required to be submitted by Friday, July 03, 2026, for their respective category, in order to comply with the applicable TDS provisions. 1. For Resident Shareholders: Particulars of Applicable Documents required, if any resident rate shareholders Resident 10% / 20% Tax is required to be deducted at source under Section Individuals 393(1) read with 393(4) of the Act, at the rate of 10% on the amount of dividend where Shareholders have registered their valid Permanent Account Number (PAN). In case, Shareholders do not have PAN/invalid PAN/PAN not linked with Aadhaar, TDS at the rate of 20% shall be deducted under Section 397(2) of the Act. No tax shall be deducted on dividend payable to resident individuals if: a. Total dividend amount to be received by them during the Tax Year (TY) 2026-27 does not exceed Rs. 10,000; or b. 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 the Company may at its sole discretion reject the form, if it does not fulfil the prescribed requirement under the Act. Format of Form 121 is available at the below link as Annexure 1; or c. Exemption certificate is issued by the Income-tax Department, if any. (Note: All resident shareholders are requested to update their PAN, if not already done, with the depositories (in case of shares held in dematerialized mode) and with the Company's Registrar and Transfer Agents (“RTA”) – M/s MUFG Intime India Private Limited (in case of shares held in physical mode). Resident – Other than 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 Self-declaration that it qualifies as 'Insurer' as per section Companies 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 and certificate of registration with Insurance Regulatory and Development Authority (IRDA)/ LIC/ GIC. Mutual Funds Nil Self-declaration that it is registered with SEBI and is specified at Schedule VII of the Act along with self- attested copy of PAN and certificate of registration with SEBI. Alternative Self-declaration that its income is exempt under Schedule Investment V Table Sl. No. 1 of the Act and they are registered with Fund (AIF) SEBI as Category I or Category II AIF along with self- attested copy of PAN and certificate of AIF registration with SEBI. New Pension Self-declaration that it qualifies as NPS trust and income System (NPS) is eligible for exemption under Schedule VII Table Sl. No. Trust 41 of the Act and being regulated by the provisions of the Indian Trusts Act, 1882 along with self-attested copy of PAN. Other non- As Self-attested copy of documentary evidence supporting Individual applicable the exemption along with self-attested copy of PAN. shareholders 2. For Non-Resident Shareholders: a. As per Domestic Tax Law Taxes are required to be withheld in accordance with the provisions of Section 393(2) of the Act as per the rates as applicable. 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. b. As per Double Tax Avoidance Agreement (DTAA) As per Section 159 of the Act, the non-resident Shareholder has the option to be governed by the provisions of the DTAA between India and the country of tax residence of the Shareholder, if they are more beneficial to them. For this purpose, i.e. to avail DTAA benefit, the non- resident Shareholders are required to submit the following: i. Self-attested copy of PAN 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 - Declaration Under Rule 217 of the Income-tax Rules, 2026) ii. Self-attested copy of Tax Residency Certificate (TRC) for the year 2026-27 or calendar year 2026, valid as on record date, obtained from the tax authorities of the country of which the Shareholder is a resident. In case, the TRC is furnished in a language other th [Showing first 8,000 characters — download PDF for full document]