Communication to Shareholders - Intimation on Tax Deduction on Dividend

Ref: BBY/CS/001/19/26 August 11, 2026 The BSE Limited Department of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Sub: Communication to shareholders – Intimation on Tax Deduction on Dividend Ref: Scrip Code: 515147 Dear Sir(s)/Madam(s), This has reference to our letter no. BBY/CS/001/17/26 dated May 21, 2026, regarding recommendation of dividend for the Financial Year 2025-26 to the eligible Shareholders of Haldyn Glass Limited (the "Company”), if declared at the forthcoming 35th Annual General Meeting (“AGM”). As per the Income Tax Act, 2025(the “Act”) and the Rules framed thereunder, dividends paid or distributed by a company shall be taxable in the hands of the Shareholders. In this regard, please find enclosed herewith an email communication which has been sent to all the shareholders having their Email ID’s registered with the Company/Depositories explaining the process on withholding tax from dividends paid to the shareholders at prescribed rates. The above communication is also hosted on the website of the Company and the same can be accessed at www.haldynglass.com. This is for your information and records. Thanking You, Yours faithfully For HALDYN GLASS LIMITED DHRUV MEHTA COMPANY SECRETARY & COMPLIANCE OFFICER ACS: 46874 Encl: As above CIN: L51909GJ1991PLC015522 Date: August 10, 2026 Dear Shareholder, Subject: Deduction of tax at source on dividend under section 393(1), Table Sl. No. 7/Section 393(2) of the Income Tax Act, 2025 (the Act) We are pleased to inform you that the Board of Directors at its meeting held on May 21, 2026 has recommended a dividend of ₹ 0.70/- per Equity Share of face value of ₹1/- each for the financial year ended March 31, 2026. The dividend, as recommended by the Board, if approved by the shareholders at the ensuing 35th Annual General Meeting (“AGM”), will be paid subject to deduction of tax at source within 30 days from the date of AGM. Pursuant to the SEBI Master Circular No. SEBI/HO/38/13/(4)2026-MIRSD-POD/I/4298/2026 dated February 06, 2026 (“SEBI Circular”), it is mandatory for all the shareholder(s) holding shares in physical form to update their PAN, Contact Details (Postal Address with PIN code and Mobile Number), Bank A/c details, Specimen Signature and Nomination for their corresponding folio. In case if any of such details/documents are not registered with MUFG Intime India Private Limited (formerly Link Intime India Private Limited), Company’s Registrar and Share Transfer Agent (“RTA”), such folio(s) shall be considered as KYC non- compliant, and such shareholder(s) shall be eligible to receive any dividend/interest payments only through electronic mode effective from April 1, 2024, upon updation of the required details with RTA. The relevant investor service request forms in this regard are available on the website of the Company at www.haldynglass.com and RTA https://www.in.mpms.mufg.com>Resources > Downloads > KYC > Formats for KYC As you are aware, as per the Income Tax Act, 2025(the “Act”) and the Rules framed thereunder, dividends paid or distributed by a company shall be taxable in the hands of the Shareholders. Your Company shall therefore be required to deduct tax at source at the time of making the payment of final dividend as per the categories mentioned below: A: Resident Shareholders: A.1 Tax deductible at source for Resident Shareholders (other than resident individual shareholders receiving dividend not exceeding ₹10,000/- during FY 2026 – 27): Sr. Particular TDS Rate Declaration / No. documents required 1 Valid PAN updated with the 10% N.A. Depository Participant in case shares are held in dematerialized form; or Registrar and Transfer Agent (‘RTA’) in case shares are held in physical form and no exemption sought by Shareholder. 2 No / Invalid PAN with the Depository 20% N.A. Participant in case shares are held in dematerialized form; or RTA in case shares are held in physical form and no exemption sought by Shareholder. 3 Availability of lower/nil tax deduction Rate specified in ● Copy of PAN card certificate issued by Income Tax Lower TDS ● Copy of Lower/ Department u/s 395 of the Act certificate obtained NIL withholding from Income Tax tax certificate Department. obtained from Income Tax authorities. 4 Benefit under Rule 203 In case where shares ● Copy of PAN card are held by intermediaries ● Declaration u/s 390 /Custodian and TDS of the Income Tax is to be applied by the Act, 2025 r. w Rule Company in the PAN 203 of the Income- of the beneficial tax Rules, 2026. shareholders, then (Please download intermediaries and Annexure-1, from beneficial the website of the shareholders will Company) along have to provide a with adequate declaration. documentary evidence, substantiating the nature of the entity A.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 Sr. Particular Declaration / documents required 1 An Individual furnishing Form No. ● Copy of PAN card (refer point (iii) to the 121 Notes below) ● Declaration in Form No. 121 (applicable to an individual who is less than 60 years) / 60 years and above), fulfilling prescribed conditions. - (Please download Annexure-2, from the website of the Company) 2 Shareholders to whom Section ● In order to provide exemption from 393(1), Table – Sl. No. 7 of the withholding the taxes on dividend payable, the Income Tax Act, 2025 does not shareholder has to provide self-declaration along with their registration with concerned apply such as LIC, GIC, Business authority about their category. – (Please Trust (REIT, InVIT) etc. download Annexure-3, from the website of the Company) 3 Shareholder covered u/s Section ● In order to provide exemption from 393(1), Table – Sl. No. 11 of the withholding the taxes on dividend payable, the Income Tax Act, 2025 such as shareholder has to provide self-declaration Government, RBI, Mutual Funds along with their registration with concerned specified u/s 11(1)(xvii) of the authority about their category. - (Please Income-tax Act, 2025, corporations download Annexure-4&5, from the website of established by Central Act and the Company) exempt from Income Tax. 4 Category I and II Alternative ● In order to provide exemption from Investment Fund (AIF) withholding the taxes on dividend payable, the shareholder has to provide self-declaration along with their registration with concerned authority about their category. (Please download Annexure-6, from the website of the Company) 5 Any other entity exempt from TDS ● In order to provide exemption from under the provisions of section withholding the taxes on dividend payable, the 393(7) of the Income-tax Act, 2025 shareholder has to provide self-declaration (including those mentioned in along with their registration with concerned Circular No. 18/2017 issued by authority about their category. CBDT) (copy attached herewith - No tax will be deducted on payment of dividend to the resident individual shareholder if the total dividend, paid during FY 2026-27, does not exceed ₹10,000/- B: Non-resident Shareholders: Tax deductible at source for non-resident shareholders. Sr. Particular TDS Rate Declaration / documents required 1 Foreign Institutional 20% (plus To avail DTAA benefits, FII / FPI Investors (FIIs) / applicable shareholders are required to submit Foreign Portfolio surcharge and cess) the following documents: Investors (FPIs) or tax treaty rate whichever is a) Self-attested copy of PAN, beneficial if allotted by the Indian income tax authorities. b) Self-attested copy of certificate of registration accorded under the relevant regulations of the SEBI. c) Tax Residency Certificate (TRC) issued by the tax/competent authority of the country of residency, evidencing and certifying tax residency status in that country during FY 2025- 26. In case, the TRC is in a language other than English, a duly notarized and apostilled copy thereof, [Showing first 8,000 characters — download PDF for full document]