General Updates

GEVERNOVA August 12, 2026 The Secretary The Manager GE Vernova T&D India Limited BSE Limited Listing Department (Formerly known as GE T&D India Limited) Phiroze Jeejeebhoy National Stock Exchange of India Ltd. L31102DL1957PLC193993 Towers, Exchange Plaza, Bandra Kurla Corporate Office: T-5 & T-6, Plot 1-14, Axis House, Jaypee Dalal Street Complex, Bandra (East) Wishtown, Sector-128, Noida-201304, Uttar Pradesh Mumbai-400 001 Mumbai-400 051 T+91 120 5021500 F +91 120 5021501 Code No. 522275 Symbol: GVT&D Email id: secretarial.compliance@gevernova.com Website: https://www.gevernova.com/regions/asia/in/gevernova-td india Dear Sir/Madam, Sub: Communication to the Shareholders - Intimation of Tax Deduction on Dividend Please find enclosed herewith an e-mail communication sent to shareholders whose e-mail IDs were registered with the Company/Depositories regarding submission of necessary documents for deduction of applicable Tax at Source on Final Dividend for the Financial Year 2025-26, if declared at the 70" Annual General Meeting. The communication is also available on the website of the Company i.e. https://www.gevernova.com/regions/asia/in/gevernova-td-india. This is for your information and records. For GE Vernova T&D India Limited (Formerly known as GE T&D India Limited) Shweta Mehta (Membership No. A18600} Company Secretary & Compliance Officer Contact No.: +91-120-5021500 Regd. Office: A-18, First Floor, FIEE Complex Okhla Industrial Area Phase II, New Delhi-110020 (India). Tel.: +91-11- 41610660 GE VERNOVA T&D INDIA LIMITED (Formerly known as GE T&D India Limited) CIN: L31102DL1957PLC193993 Reg. Office: A-18, First Floor, FIEE Complex, Okhla Industrial Area, Phase II, New Delhi – 110020, India Tel: 0120-5021500 E-mail: secretarial.compliance@gevernova.com; Website: https://www.gevernova.com/regions/asia/in/gevernova-td-india Date: 12/08/2026 Dear Shareholder(s), Sub: Communication for deduction of Tax on Final Dividend for FY 2025-26 We are pleased to inform you that the Board of Directors of GE Vernova T&D India Limited (‘formerly known as GE T&D India Limited’) (‘the Company’) at their meeting held on May 18, 2026, recommended payment of final dividend of Rs. 10.00 per equity share (@ 500%) of face value of Rs. 2/- for the Financial Year 2025-26 which shall be paid within permitted timelines if approved by members at the ensuing Annual General Meeting scheduled to be held on September 9, 2026. The Record Date for dividend is fixed as Friday, August 21, 2026. Further, please note that in terms of the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, dividend will be paid to members in electronic mode only. Shareholders may note that in accordance with the provisions of the Income-tax Act, 2025 (“the IT 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 IT Act, read with applicable Double Taxation Avoidance Agreements (‘Tax Treaties’), wherever applicable. The rate of TDS will vary depending on the residential status of the shareholder and the documents submitted and duly accepted by the Company. Accordingly, the above referred Final Dividend will be paid after deducting applicable TDS as under for Tax Year 2026-27 and the shareholders are required to furnish the relevant documents/information as per details below:- Resident Shareholders: The dividend will be paid to a shareholder after deducting the tax at source as given below: Particulars Applicable Applicability and documents required Rate Valid PAN 10% TDS would be deducted on payment of dividend to Resident Individual Shareholder, if total dividend to be paid/payable to such shareholder during Tax Year 2026-27 exceed Rs. 10,000. No / Invalid PAN 20% Shareholders are requested to update their PAN, if not already done, with the depositories (in case of shares held in Demat mode) and with the Company's Registrar and Transfer Agent ('RTA’) - MUFG Intime India Private Limited (in case of shares held in physical mode). PAN is not linked with 20% (A) In case of shareholder has not linked the Aadhar as required under Aadhar Number allotted with its PAN in section 262(6) of IT Act accordance with section 262(6) read with (Inoperative PAN) Rule 162 of the Income-tax Rules, 2026 [“the IT Rules”] (before the Record Date), such PAN would be treated as inoperative for the provisions of deduction of TDS and tax will be deducted at 20%. Submission of Form 121 by Nil Shareholders to submit a copy of valid PAN resident individual card along with declaration at in Form No. shareholder 121. 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 requirement of the law. Availability of lower/ NIL Rate Shareholders to submit a copy of valid deduction certificate issued provided in lower/NIL withholding tax certificate under Section 395 of the IT the obtained from tax authority. Act. certificate Please note that the certificate should be valid for the tax year 2026-27 and should cover the dividend income from the Company. Mutual Funds specified at Nil · A self- declaration in the format as Schedule VII (Table: Sl. No. prescribed in Annexure B along with a copy 20 or 21) of the IT Act of valid PAN card. · Registration/ exemption certificate substantiating applicability of Schedule VII (Table: Sl. No. 20 or 21) of the IT Act. Members [e.g. Insurance Nil · A self- declaration in the format as Companies: Public and prescribed in Annexure B along with a copy other insurance companies] of valid PAN card. specified under section · Registration/ exemption certificate 393(4) Table: Sl. No. 10) substantiating applicability of section 393(4) (Table: Sl. No. 10) of the IT Act. Persons Covered under Nil · A self- declaration in the format as Section 393(5) of the IT Act prescribed in Annexure B along with a copy (e.g. Govt., RBI, of valid PAN card. Corporations established by · Registration/ exemption certificate Central Act and exempt substantiating applicability of section 393(5) from income tax) of the IT Act. Alternative Investment Fund Nil This will be applicable for Category I and II ('AIF') AIF registered with Securities and Exchange Board of India ('SEBI'). Documents required: · A self- declaration in the format as prescribed in Annexure B along with a copy of valid PAN card. · Copy of registration certificate. Any other entity exempt Nil · A self- declaration in the format as from withholding tax under prescribed in Annexure B along with a copy the provisions of sections of valid PAN card. 393/400 of the IT Act · Adequate documentary evidence (like [including those mentioned approval granted by Income Tax Officer / in Circular No. 18/2017 Commissioner, relevant copy of registration, issued by Central Board of etc.), substantiating the type of entity. Direct Taxes ('CBDT') issued under the Income-tax Act, 1961 (Now, the Income-tax Act, 2025) viz. New Pension System Trust referred to in section 393(9), Recognized Provident Fund, Approved Superannuation Fund or Approved Gratuity Fund Or any other shareholder availing exemption Non-Resident Shareholders: As per Section 159 of the IT Act, the non-resident member has the option to be governed by the provisions of the Double Taxation Avoidance Agreement (“Tax Treaty”) between India and the country of tax residence of the member, if they are more beneficial to them. Please refer to the below table for the details of documents required to avail Tax Treaty benefits: Particulars Tax deduction Documents to be provided Rate Non-resident 20% (plus Shareholders may apply for beneficial tax rates as per Members applicable the relevant Tax Treaty, by submitti [Showing first 8,000 characters — download PDF for full document]