Updates

Date: July 31, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 SYMBOL: HYUNDAI SCRIP CODE: 544274 Dear Sir/Ma’am Sub: Communication to Shareholders – Intimation on Tax Deduction on Dividend This has reference to our letters dated May 08, 2026 and July 30, 2026 regarding payment of Dividend for the Financial Year 2025-26 to the eligible Shareholders of Hyundai Motor India Limited (‘the Company’), if approved by the shareholders at the forthcoming Annual General Meeting (‘AGM’). In accordance with the provisions of the Income Tax Act, 2025, with effect from April 01, 2026, dividend paid is taxable in the hands of shareholders and the Company paying the dividend is required to deduct TDS from dividend paid to the shareholders at applicable rates. TDS rates that are applicable to shareholders depend upon their residential status and classification as per the provisions of the Act. We are enclosing herewith an email communication which has been sent to all the shareholders of the Company on July 31, 2026 whose email IDs are registered with the Company/Depositories, containing a gist of the applicable provisions of the Act relating to Tax Deduction at Source (‘TDS’) along with the necessary annexures. This communication is also being made available on the website of the Company at https://www.hyundai.com/in/en/hyundai-story/announcements-2025-2026. Please take the same on the record. Thanking you, For Hyundai Motor India Limited Pradeep Chugh Company Secretary & Compliance Officer Encl: As above Hyundai Motor India Ltd. Corporate Office: Plot No. C11& C11A, City Centre, Urban Estate Regd. Office: Plot No. H-1, SIPCOT Industrial Park, Irrungattukottai, Gurgaon II, Sector 29 Gurugram, Haryana – 122001, India Sriperumbudur Taluk, Kancheepuram District, Tamil Nadu-602117, India. T+91(124) 6962000 CIN (Corporate Identity Number): L29309TN1996PLC035377, T +91(44) 47100000 www.hyundai.com/in/en Hyundai Motor India Limited (CIN: L29309TN1996PLC035377) Regd. Office: Plot No H-1, SIPCOT Industrial Park, Irrungattukottai, Sriperumbudur Taluk, Kancheepuram District - 602117 Website: https://www.hyundai.com/in; E-mail: complianceofficer@hmil.net July 31, 2026 Ref: Folio / DP Id & Client Id No: XXXXXXX Name of the Shareholder: XXXXXXX Dear Shareholder, Sub.: Communication in respect to Tax Deduction at Source ('TDS') on Final Dividend payout for F.Y.2025 - 26 We wish to inform you that the Board of Directors ('Board') of your Company has at its meeting held on May 08, 2026, recommended a final dividend @210% (i.e., @ Rs.21.00 per equity share of Rs. 10/- each fully paid up) for the financial year ended on March 31, 2026, subject to shareholder's approval at the ensuing Annual General Meeting ('AGM') to be held on August 26, 2026. As per the latest information available with the depositories (NSDL/CDSL) or by the Registrar Share Transfer Agent (Kfin Technologies Limited), you are one of the shareholders of the Company. The Company has fixed August 05, 2026, as the record date for final dividend and the names of the shareholders who appear in the list of members and share transfer books of the Company as on the record date shall be eligible to receive the dividend. The Company shall, therefore, be required to deduct TDS at the time of making payment of the dividend at the rates applicable on the amount distributed to the shareholders, in terms of the provisions of Income Tax Act, 2025 ('The Act'), if approved at the forthcoming AGM. If you remain as a shareholder on record date (i.e, August 05, 2026) and dividend receivable by you exceeds the amount exempt from tax, TDS would be deducted in terms of provision of the Act. In accordance with the provisions of the Income Tax Act, 2025, with effect from April 01, 2026, dividend paid is taxable in the hands of shareholders and the Company paying the dividend is required to deduct TDS from dividend paid to the shareholders at applicable rates. TDS rates that are applicable to shareholders depend upon their residential status and cl-assification as per the provisions of the Act. The Company will therefore deduct TDS at the time of payment of dividend, at rates based on the category of shareholders and subject to fulfilment of conditions as provided herein below: Residential Shareholders: Category of Applicabl Applicability of documents (if any) shareholders e rate Valid PAN 10% I. TDS would not be deducted on payment of dividend to resident individual shareholder, if total dividend to No / Invalid 20% be paid/payable to such shareholder during tax year does not exceed Rs. 10,000 subject to availability of PAN of the shareholder. II. Shareholders are requested to update their PAN, if not already done, with the depositories (in case of shares held in Demat Account) and with Company's Registrar and Transfer Agent ('RTA') - Kfin Technologies Limited (in case of shares held in physical mode). Shareholders can visit the website https://ris.kfintech.com/clientservices/investors/taxforms. aspx and register their PAN / Email ID/ Mobile number before Wednesday, August 12, 2026, 17:00 Hours (IST) so that TDS will be deducted at 10% (wherever applicable). PAN is not 20% In case of a shareholder being individual eligible for linked with obtaining Aadhar Number and has not linked with the Aadhar as Aadhar Number with his PAN in accordance with section required under 262(6) read with rules 162 of the Income Tax Rules, 2026 section 262(6) ('The Rules') before the record date, such PAN would be of the Act (Inoperative treated as inoperative PAN for the purposes of deduction of PAN) TDS and tax will be deducted at 20%. Submission of NIL Shareholders to submit a copy of valid PAN card along with Form 121 by declaration at resident https://ris.kfintech.com/clientservices/investors/taxforms. individual aspx in Form 121. shareholder Refer Annexure A for format of Form 121. Please note that all fields mentioned in the Form are mandatory and the Company may reject the forms submitted if it does not fulfil the requirements of the law. Availability of Rate Shareholders to submit a copy of valid PAN card along with lower / NIL provided a copy of a valid lower deduction certificate obtained from deduction in the tax authority. certificate certificate issued under Note: The certificate should be valid for the Tax Year 2026 - section 395 of 27 and should cover dividend income receivable from the the Act Company. Mutual Funds NIL I. A self-declaration in the format as prescribed in / Recognised Annexure B along with a copy of valid PAN card. II. Registration / exemption certificate substantiating Provident applicability of schedule VII (Table: SI. No. 20 or 21) Fund falling of the Act. under Table: SI. No. 20 / 21) of the table mentioned in Schedule VII of the Act. Members [e.g. NIL I. A self-declaration in the format as prescribed in Insurance Annexure B along with a copy of valid PAN card. Companies: Public and II. Registration / exemption certificate substantiating other applicability of section 393(4) (Table: SI. No. 10) of the Act. Insurance Companies] specified under section 393(4) (Table: SI. No. 10) of the Act Person NIL I. A self-declaration in the format as prescribed in covered under Annexure B along with a copy of valid PAN card. II. Registration / exemption certificate substantiating section 393(5) applicability of section 393(5) of the Act. of the Act (e.g. Govt., RBI, Corporations established by Central Act and exempt from Income Tax) Alternative NIL This will be applicable for Category I and II AIF registered Investment with Securities and Exchange Board of India ('SEBI'). Fund ('AIF') Documents required: I. A self-declaration in the format as prescribed in Annexure B along with a copy of valid PAN card. II. Copy of registration certificate. Any other NIL I. A self-declaration in the format as [Showing first 8,000 characters — download PDF for full document]