General Updates

JFL/NSE-BSE/2026-27/30 July 20, 2026 BSE Limited National Stock Exchange of India Limited P.J. Towers, Dalal Street Exchange Plaza, Bandra Kurla Complex Mumbai – 400001 Bandra(E), Mumbai – 400051 Scrip Code: 533155 Symbol: JUBLFOOD Sub: Communication sent to Shareholders for Tax Deduction at Source (TDS) on Dividend Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir/ Madam, Pursuant to Regulation 30 of the Listing Regulations, please find attached herewith an email communication sent to shareholders today i.e. July 20, 2026 relating to TDS on the Dividend for FY 2025-26, if approved by the Members of the Company at the ensuing Annual General Meeting and the procedures to be followed by the Members for submission of relevant forms, documents, etc. in this regard. The above details will also be available on the website of the Company at www.jubilantfoodworks.com under Investor Relations section. This is for your information and records. Thanking you, For Jubilant FoodWorks Limited Mona Aggarwal Company Secretary and Compliance Officer Investor E-mail id: investor@jublfood.com Encl: A/a Jubilant FoodWorks Limited CIN No.: L74899UP1995PLC043677 Regd. Office: Plot 1A, Sector 16A, Noida – 201 301, U.P. Corporate Office: 15th Floor, Tower E, Skymark One, Plot No. H – 10/A, Sector 98, Noida- 201301, Uttar Pradesh Phone: +91 120 6935400/ +91 120 6927500 Website: www.jubilantfoodworks.com, E-mail: investor@jublfood.com Subject: Jubilant FoodWorks Limited – Communication on Tax Deduction at Source (TDS) on Dividend for Financial Year 2025-26 Dear Shareholder, We are pleased to inform you that the Board of Directors of Jubilant FoodWorks Limited (‘the Company’), in their meeting held on May 20, 2026, recommended a dividend of INR 1.20/- (60%) per equity share of the face value of INR 2/- each for the financial year ended March 31, 2026, subject to approval of shareholders of the Company at its forthcoming Annual General Meeting (‘AGM’). The dividend, if approved by the shareholders, will be paid within 30 days from the date of AGM to shareholders whose names appear in the Register of Member(s) of the Company as on the record date i.e. Friday, July 17, 2026 for determining eligibility of shareholders to receive the dividend. In accordance with the provisions of the Income Tax Act, 2025 and the Rules framed thereunder, the Company is required to deduct tax at source at the applicable prescribed rates on the dividend paid to its shareholders. The TDS rate would vary depending on the residential status of the shareholder and the documents submitted by shareholder and accepted by the Company. The TDS/ Withholding tax provisions for both categories of shareholders viz. Resident and Non- Resident are detailed below: A. FOR RESIDENT SHAREHOLDERS TDS rate Category of shareholder and required documentation 10 per cent with a Resident shareholder whose valid Permanent Account Number (‘PAN’) is available Valid PAN as per on records of the Company. Section 393(1) of Income Tax Act, 2025 20 per cent without a Resident shareholder whose valid PAN is not available on the records of the PAN or Invalid PAN Company. or Inoperative PAN as per Section 397 of For shareholders who have not linked PAN and Aadhaar, the PAN will be Income Tax Act, considered as inoperative and higher rate of taxes shall apply. 2025 Please note that for the purpose of determining the TDS rate, the Company will verify the status (i.e., PAN-Aadhar linkage) from the Government enabled online facility and deduct TDS accordingly based on the output received from the facility. Lower/Nil rate as Lower/Nil Withholding tax certificate obtained from tax authority along with self- specified in attested copy of the PAN card. The certificate should be valid for the Tax Year certificate issued by 2026-27. Income Tax Department as per Section 395 of Income Tax Act, 2025 (Section 197 of the erstwhile Income Tax Act,1961) Nil Individual shareholders: - If the total dividend to be received from the Company during Tax Year 2026- 27 does not exceed Rs. 10,000; or - If duly verified Form 121 as per the format attached is furnished along with self- attested copy of PAN, subject to fulfilment of eligibility conditions as prescribed under the Income Tax Act. The Company may at its sole discretion reject the form if it does not fulfil the requirement of the law. (Please note that Form 121 of the Income Tax Rules, 2026 replaces the Form 15G & 15H as per erstwhile Income Tax Rules, 1962) Other shareholders: - Mutual Funds: Subject to a self-declaration that they are specified at Schedule VII to section 11 of the Income Tax Act 2025 (erstwhile section 10(23D) of the Income Tax Act) along with self-attested copy of PAN card and registration certificate. - Insurance companies: Subject to a self-declaration that it has full beneficial interest with respect to shares owned along with self-attested copy of PAN card. - Alternative Investment Fund (‘AIF’) established/incorporated in India: subject to a self-declaration that its income is exempt under Schedule V to Section 11 of the Income Tax Act 2025 (erstwhile section 10(23FBA) of the Act) 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 issued by SEBI. - National Pension System (NPS) Trust: Self-declaration that it qualifies as NPS Trust and income is eligible for exemption under Schedule VII to section 11 of the Act and being regulated by the provisions of the Indian Trusts Act, 1882 along with self-attested copy of the PAN card. - Corporation established by or under a Central Act whose income is exempt from income-tax: Subject to a self-declaration of the documentary evidence supporting the exemption status along with self-attested copy of PAN card. - Government - The Reserve Bank of India B. For Non-Resident Shareholders [including Foreign Portfolio Investors (“FPI”)] TDS rate Category of shareholder and required documentation 20 per cent (plus All non-resident shareholders, including Foreign Portfolio Investors (‘FPIs’) applicable surcharge and cess) as per Section 393(2) of Income Tax Act, 2025 Lower /Nil rate as Non-resident shareholder who has obtained a certificate from the income-tax specified in authorities under section 395(1) of the Income Tax Act 2025 (erstwhile Section 197 certificate of the Income Tax Act, 1961) for lower / Nil rate of TDS, tax will be deducted at the as per Section rate specified in the said certificate, subject to furnishing a self-attested copy of the 395(1) of Income same. The certificate should be valid for the Tax Year 2026-27. Tax Act, 2025 Lower rate Non-resident shareholder (including FPI) can opt to be governed by the provisions prescribed under the of the tax treaty between India and the country of tax residence of the shareholder. tax treaty which Subject to the non-resident shareholder (including FPI) providing the below- applies to the mentioned documents, the Company will deduct tax at the rate prescribed in the tax shareholder as per treaty, wherever applicable: Section 159 of - Self-attested copy of the PAN card allotted by the Indian Income Tax authorities. Income Tax Act, In case PAN is not available, information to be provided under Rule 217 of the 2025 Income Tax Rules as per attached format. - Self-attested copy of Tax Residency Certificate (TRC) applicable for the period April 2026 to March 2027 obtained from the tax authorities of the country of which the shareholder is resident. - Form 41 for Tax Year 2026-27 executed in electronic mode from Income Tax portal. - Self-Declaration of No PE Notes: - Self-declaration as per the format attached, which includes declaration that the shareholder: i) does not have a permanent establishment in India under the applicable Tax Treaty, ii) is the beneficial owner of the divide [Showing first 8,000 characters — download PDF for full document]