General Updates

QCL/SEC/2026-27/75 November 03, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra- Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Security Code – 539978 NSE Symbol – QUESS Dear Sir/ Madam, Sub: Communication to shareholders w.r.t. deduction of tax at source on the Interim Dividend for the Financial Year 2026-27 Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the email communication sent by the Company to its shareholders today, i.e. on November 03, 2026, w.r.t. deduction of tax at source on the Interim Dividend for the Financial Year 2026-27, declared by the Board of Directors at its meeting held on October 30, 2026. The communication has been sent to shareholders whose email addresses are registered with the Company/Depository Participants. The specimen of the communication is enclosed herewith for reference and records. The above information will also be available on the website of the Company at www.quesscorp.com. Kindly take the above information on record and oblige. Yours sincerely, For Quess Corp Limited Kundan K Lal Company Secretary & Compliance Officer Membership No.: F8393 Encl: as above Quess Corp Limited Quess Tower, Sky Walk Avenue, 32/4, Hosur Road, Roopena Agrahara, Bommanahalli, Bengaluru– 560068, Karnataka, India Tel: +91 080-49345666 I contactus@quesscorp.com I CIN: L74140KA2007PLC043909 www.quesscorp.com Shweta Priy From: quesscl.update@in.mpms.mufg.com Sent: 03 November 2026 17:20 To: ShwetaPriy Subject: Quess Corp Limited - Communication regarding deduction of tax at source on the Interim Dividenddeclared for the Financial Year2026-27 You don't often getemail from quesscl.update@in.mpms.mufg.com. Learn why this is important ***ALERT*** This email is from OUTSIDE the organization Be Cautious about Contents, Attachments and Links in the mail QUESS CORP LIMITED CIN: L74140KA2007PLC043909 Reg. Office: Quess Tower, Sky Walk Avenue, 32/4, Hosur Road, Roopena Agrahara, Bommanahalli, Bengaluru– 560068, Karnataka, India Tel: +91 080-49345666; Email: investor@quesscorp.com; Website: www.quesscorp.com November 03, 2026 Name of the shareholder: XXXXX Folio No.: XXXXXXXXXXXX Dear Shareholder, Subject: Communication regarding deduction of tax at source on the Interim Dividend declared for the Financial Year 2026-27 We are pleased to inform you that the Board of Directors at their Meeting held on October 30, 2026, has declared an interim dividend of Rs. 5/- per equity share at the rate of 50% of the face value of Rs. 10/- each, for the Financial Year 2026-27. The record date fixed for the purpose of determining the entitlement of the members for the interim dividend is Friday, November 06, 2026. The interim dividend will be paid on or before November 20, 2026 or within 30 (thirty) days from the date of declaration of the interim dividend, as per the provisions of the Companies Act, 2013, to the registered shareholders whose names appear on the register of members or in the record of Depository as beneficial owners of the shares on the Record Date. As per the provisions of the Income Tax Act, 2025 (the Act), 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 (TDS) at the time of making the payment of the said Dividend at the prescribed rates. The TDS rates may vary depending on the residential status of the shareholder and the documents submitted by them and accepted by the Company in accordance with the provisions of the Act. The brief of applicable TDS for various categories of shareholders, along with the required documents, is provided in the Tables 1 and 2 below: Table 1: Resident Shareholders: Category of Tax Deduction Exemption Applicability/ Documents required Shareholder Rate Any resident As per Section 393(4) Update/Verify the PAN and the residential status as per the shareholder (With [Table: S.No.10] of the Act, if not already done, with the depositories (in case of PAN) Act - 10% shares held in dematerialized form) and with the Company's Registrar and Transfer Agents – MUFG Intime India Private Limited (in case of shares held in physical form). Shareholders who are required to link their Aadhaar number with PAN as required under Section 262(9) read with Rule 162 of the Income Tax Rules, 2026, should compulsorily link the same. If, as required under the law, PAN is not linked with Aadhaar, then such PAN will be considered “inoperative”, and TDS shall be deducted at a higher rate as specified under Section 397(2) of the Act. No deduction of taxes in the following cases –  If aggregate dividend income to a resident Individual shareholder during the Tax Year (TY) 2026-27 does not exceed INR 10,000/-  If the shareholder is exempted from TDS provisions through any circular or notification and provides an attested copy of the PAN along with the documentary evidence in relation to the same. Submitting Form 121 NIL Eligible Shareholder providing Form 121 (Annexure 1) - on fulfilment of prescribed conditions. PAN is mandatory to provide Form 121. Certificate under Rate provided in the Self-attested copy of Lower/NIL withholding tax certificate Section 395(1) of the Certificate obtained from Income Tax authorities. Insurance Companies: NIL Self-declaration that it has full beneficial interest with respect Public & Other to shares owned, along with a self-attested copy of PAN card Insurance Companies and registration certificate (Annexure 2) Corporation NIL Documentary evidence that the person is covered under established by or Section 196 of the Act. (Annexure 2) under a Central Act which is, under any law for the time being in force, exempt from income- tax on its income Mutual Funds NIL Self-declaration that they are specified in Schedule VII (Table: Sl. No. 20 or 21) of Section 11 of the Income Tax Act, 2025 along with self- attested copy of PAN card and registration certificate. (Annexure 2) Alternative NIL Documentary evidence that the person is covered by Investment Fund (AIF) Notification No. 51/2015 dated 25 June 2015 (OR) Self established in India declaration that its income is exempt under Schedule V [Table: Sl. No. 1] of Section 11 of the Income Tax Act, 2025 and they are governed by SEBI regulations as Category I or Category II AIF along with self-attested copy of the PAN card and registration certificate (Annexure 2) Recognized Provident NIL Self-attested copy of a valid order from Commissioner under Fund Rule 3 of Part A of Schedule XI to the Act, or self-attested valid documentary evidence (e.g. relevant copy of registration, notification, order, etc.) in support of the provident fund being established under a scheme framed under the Employees Provident Funds Act, 1952 needs to be submitted. (Annexure 2) Approved NIL Self-attested copy of valid approval granted by the Superannuation Fund Commissioner needs to be submitted: Approved Gratuity NIL a) under Rule 2 of Part B of Schedule XI to the Act (In case of Fund Approved Superannuation Fund) National Pension NIL b) under Rule 2 of Part C of Schedule XI to the Act (In case Scheme Trust of Approved Gratuity Fund) (Annexure 2) Other resident 20% As per Section 397(2) of the Act shareholder without PAN/ Invalid PAN/ inoperative PAN Please Note that: 1. Recording of the valid Permanent Account Number (PAN) for the registered Folio/DP ID-Client ID is mandatory. In the absence of a valid PAN or in case of an inoperative PAN, tax will be deducted at a higher rate of 20% as per Section 397(2) of the Act. 2. The Shareholders holding shares under multiple accounts under different status / category and a single PAN may note that the higher of the tax as applicable to the status in which shares are held under a PAN will be considered on their entire holding in different accounts. [Showing first 8,000 characters — download PDF for full document]