Communication to the Shareholders regarding Tax Deduction at Source on Dividend Payout

4th November, 2026 National Stock Exchange of India Limited BSE Limited Listing Department, The Corporate Relationship Department ‘Exchange Plaza’, C/1, G Block, Bandra 1st Floor, New Trading Wing, Rotunda Kurla Complex, Bandra (E), Building, Phiroze Jeejeebhoy Towers, Mumbai 400051. Dalal Street, Fort, Mumbai- 400001. Symbol: BALRAMCHIN Scrip Code: 500038 Dear Sir/Madam, Subject: Communication to the Shareholders regarding Tax Deduction at Source on Dividend payout Please find enclosed herewith an email communication as sent to the shareholders having their email address registered with the Company/Depositories explaining the process on withholding tax pertaining to Interim Dividend to be paid to the shareholders. The aforesaid email communication is also available at the website of the Company at www.chini.com. Thanking You. Yours faithfully For Balrampur Chini Mills Limited Manoj Agarwal Company Secretary & Compliance Officer Encl: A/a CIN: L15421WB1975PLC030118 Registered Office: FMC Fortuna, 2nd Floor, 234/3A, A.J.C. Bose Road, Kolkata - 700 020 Tel: +91 33 2287 4749; Fax: +91 33 2287 2887; Email: secretarial@bcml.in; Website: www.chini.com Contact Person: Mr. Manoj Agarwal, Company Secretary and Compliance Officer 04-11-2026 Dear (Name of Shareholder) Ref: Folio / DP Id & Client Id No: Sub: Interim Dividend 2026-2027 - Communication on Tax Deduction at Source (TDS) on Dividend payout. We hope this communique finds you safe and in good health. The Board of Directors of Balrampur Chini Mills Limited ('the Company') in their meeting held on 4th November, 2026 has approved the interim dividend of INR 4.00/- per equity share for the Financial Year 2026-27. The Record date for the Interim Dividend is fixed as 11th November, 2026. In accordance with the provisions of the Income-tax Act, 2025 ('the Act'), dividend declared and paid by the Company is taxable in hands of shareholders for Tax Year 2026-27 (FY 2026- 27). The Company shall, therefore, be required to deduct Tax at Source ('TDS') at the applicable rates on dividend payable to its shareholders prescribed under the Act, read with applicable Double Taxation Avoidance Agreements (‘Tax Treaties’), wherever applicable. No tax will be deducted on payment of dividend to the resident individual shareholders if the total dividend, paid during financial year ('FY') 2026-27, does not exceed INR 10,000/-. The withholding tax rate would vary depending on the residential status, category of the shareholder and is subject to provision of requisite declarations / documents received by the Company. A. RESIDENT SHAREHOLDERS: 1. Tax deductible at source for Resident Shareholders (other than resident individual shareholders receiving dividend not exceeding INR 10,000 during FY 2026-27): Declaration / S No. Particular Withholding tax rate documents required No document required (if no Valid PAN1 updated with the exemption is sought). Depository Participant in Update the PAN, if not already case shares are held in done, with the depositories (in dematerialized form; or case of shares held in Demat Registrar and Transfer Agent 10% mode) and with the Company's ('RTA') in case shares are 1 Registrar and Transfer Agents - held in physical form and no KFin Technologies Limited at exemption sought by einward.ris@kfintech.com (in Shareholder case of shares held in physical mode). No / Invalid PAN/ Inoperative Not applicable PAN with the Depository Participant in case shares are held in dematerialized form; Note: In case of a shareholder or RTA in case shares are 2 being resident individual eligible held in physical form and no for obtaining Aadhaar Number exemption sought by 20% have not linked the Aadhar Shareholder Number allotted with its PAN as per section 262(6) of the Act read with Rule 162 of the Income-tax Rules, 2026, such PAN would be treated as inoperative for the provisions of deduction of TDS.  Copy of PAN card Availability of lower/nil tax deduction certificate issued Rate specified in Lower tax  Copy of lower tax by Income Tax Department withholding certificate withholding certificate 3 obtained from Income Tax obtained from Income Tax u/s 395 of the Act. Department Department Note: The certificate should be valid for the financial year 2026-27 and should cover the dividend income from the Company. 1 As per section 262(6) of the Act, every person who has been allotted a PAN and who is eligible to obtain Aadhaar, shall be required to link the PAN with Aadhaar, except person exempted as per Notification No. 37/2017 issued under the Income-tax Act, 1961 (now, the Income-tax Act, 2025). In case of failure to comply to this, the PAN allotted shall be deemed to be inoperative and tax shall be deducted at higher rates as prescribed under the Act. 2. “Nil” Tax Deductible at Source on dividend payment to Resident Shareholders if the Shareholders submit documents mentioned in table below with the Company/ RTA: S No. Particular Declaration / documents required  Copy of PAN card (refer to the Notes below)  Declaration in Form No. 121 (Please Shareholder submitting Form 121 1 download the Link given as Annexure-1 at the end of this communication) Note: With the Income-tax Act, 2025 (‘New IT Act’) and the Income-tax Rules, 2026 (‘New IT Rules’) coming into effect from April 1, 2026, a single form, Form 121, has been prescribed in place of the erstwhile Forms 15G and 15H. Accordingly, individual shareholders are requested to submit Form 121 for the tax year 2026–27. Please note that any declaration submitted in the erstwhile Forms 15G/15H will not be accepted for the tax year 2026–27 as per the provisions of the New IT Act  Copy of PAN card (Self attested)  Self-declaration (Please download the Link given as Annexure-2, at the end of this communication), along Shareholders to whom section 393(1) (Table: with adequate documentary S. No. 7) of the Act does not apply such as evidence (e.g., registration 2 Insurance companies, e.g., LIC, GIC, Business certificate), to the effect that the no Trust (REIT, InVIT) etc. tax withholding is required as per provisions of section 393(1) (Table: S. No. 7) of the Act.  Copy of PAN card  Self-declaration (Please download the Shareholder covered u/s 393(5) of the Act Link given as Annexure-2, at the end such as Government, RBI, Mutual Funds of this communication), along specified u/s Schedule VII (Table: Sl. No. 20 3 with adequate documentary or 21), corporations established by Central evidence, substantiating applicability Act and exempt from Income Tax. of section 393(5) of the Act. 4 Category I and II Alternative  Copy of PAN card Investment Fund (AIF)  Self-declaration (Please download the Link given as Annexure-2, at the end of this communication).  Copy of PAN card  Self-declaration by shareholders (Format enclosed in Annexure-2) for availing the NIL tax rate deduction on dividend payment under the Act  Adequate documentary evidence, substantiating the type of entity Any other entity exempt from withholding tax including the provisions of section 393/400 of the Act [including those mentioned in Circular No. 18/2017 issued by CBDT under the Income-tax Act, 1961 (Now, the Income-tax Act, 2025)] B. NON-RESIDENT SHAREHOLDERS: Tax deductible at source for non-resident shareholders: Declaration / documents S No. Category Withholding tax rate required 1 Non-resident Members 20% (plus applicable surcharge including Foreign Institutional and cess) or tax treaty rate Shareholders may also apply for Investors (FIIs) / Foreign whichever is beneficial beneficial tax rates as per the Portfolio Investors (FPIs) relevant Tax Treaty, by except if specifically falling submitting following documents: under any of the below categories  Copy of PAN# card (if available)  Copy of Tax Residency certificate issued by revenue authority of country of residence of shareholder for the Tax Year 2026-27 (covering the period from April 1, 2026 to March 31, 2027)  Electronically generated For [Showing first 8,000 characters — download PDF for full document]