Communication to shareholder - TDS on Dividend

Mindteck (India) Limited (CIN: L30007KA1991PLC039702) Regd. Office: AMR Tech Park, Block 1, 3rd Floor #664, 23/24, Hosur Road, Bommanahalli Bengaluru - 560068. India Tel: +91 80 4154 8000/4154 8300 Fax: +91 80 4112 5813 www.mindteck.com Ref: MT/SG/2026-27/25 Scrip Code: ‘517344’ July 21, 2026 Symbol: “Mindteck” To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, Dalal Street Bandra Kurla Complex, Mumbai- 400001 Bandra (E) Mumbai – 400 051 Dear Sir/Madam, Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Communication to shareholders – Tax Deducted at Source (TDS) on Dividend The Board of Directors at their Meeting held on Tuesday, May 19, 2026 has recommended a Final Dividend of Re. 1.00/- per equity share having face value of Re. 10/- for the Financial Year ended March 31, 2026 and the said Final Dividend will be payable post approval of the shareholders at the ensuing 35th Annual General Meeting (AGM) of the Company to be held on Thursday, August 13, 2026 for the shareholders as on August 06, 2026 (Record date). Pursuant to the provisions of the Income Tax Act, 2025 ("the Act") and the rules framed thereunder with effect from April 01, 2026, dividend paid or distributed by a company shall be taxable in the hands of the shareholders. Accordingly, the Company is required to deduct tax at source ("TDS") at the time of payment of dividend, if declared at the AGM. A detailed communication regarding the same has been sent to shareholders through electronic mode for the shareholders whose email ids are registered with the Company/RTA/Depository Participants and have uploaded FAQ regarding the matter on the Company’s website, that can be accessed at https://www.mindteck.com/investors/faqs- on-tds You are requested to take the above disclosure on record. Thanking You, Yours faithfully, For Mindteck (India) Limited Sathya Raja G. AVP-Legal and Company Secretary UNITED STATES INDIA SINGAPORE MALAYSIA BAHRAIN UNITED KINGDOM Mindteck (India) Limited (CIN: L30007KA1991PLC039702) Registered office: A.M.R. Tech Park, Block 1, 3rd Floor, #664, 23/24, Hosur Main Road, Bommanahalli, Bengaluru - 560 068 Email: info@mindteck.com, Tel: 080 4154 8000 Website: www.mindteck.com Dear Shareholder, We are pleased to inform you that the Board of Directors at their Meeting held on Tuesday, May 19, 2026 has recommended a Final Dividend of Re. 1.00/- per equity share having face value of Re. 10/- for the Financial Year ended March 31, 2026 and the said Final Dividend will be payable post approval of the shareholders at the ensuing 35th Annual General Meeting (AGM) of the Company to be held on Thursday, August 13, 2026. The Dividend, if declared at the AGM, will be paid within a period of 30 days from the date of approval to those Members whose names appear on the Register of Members as on August 06, 2026. As you are aware, pursuant to the implementation of the Income Tax Act, 2025 ("the Act") and the rules framed thereunder with effect from April 01, 2026, dividend paid or distributed by a company shall be taxable in the hands of the shareholders. Accordingly, the Company is required to deduct tax at source ("TDS") at the time of payment of dividend, if declared at the AGM. The TDS rate may vary depending upon the residential status of the shareholder and the documents submitted to the Company in accordance with the provisions of the Act. The applicable TDS rates for various categories of shareholders along with the documents required are provided below. Table 1: Resident Shareholders Category of Shareholder Tax Deduction Exemption Applicability/ Documents Rate required Any Resident Shareholder 10% Update valid PAN with the Depository having valid PAN Participant (for shares held in demat mode) or with the Company's Registrar to an Issue and Share Transfer Agent (RTA) – MUFG Intime India Private Limited (for shares held in physical mode). No tax shall be deducted where the total dividend payable to a resident individual during Tax Year 2026-27 does not exceed INR 10,000. Resident Individual NIL Form 121 duly completed and signed, subject to furnishing Form 121 fulfillment of prescribed conditions under the Act. Certificate under Section Rate specified in Self-attested copy of Lower/NIL withholding 395(1) of the Income-tax the certificate certificate issued by the Income-tax Department. Act, 2025 Insurance Companies NIL Self-declaration confirming qualification as an insurer under section 2(7A) of the Insurance Act, 1938, beneficial ownership of shares, self- attested PAN and registration certificate issued by IRDAI/LIC/GIC. Mutual Funds NIL Self-declaration confirming registration with SEBI and exemption under Schedule VII to Section 11 along with self-attested PAN and SEBI registration certificate. Alternative Investment NIL Self-declaration confirming exemption under Funds (Category I & II) Schedule V to Section 11 together with self- attested PAN and SEBI registration certificate. National Pension System NIL Self-declaration confirming eligibility under (NPS) Trust Schedule VII to Section 11 along with self- attested PAN. Recognized Provident Fund / NIL Self-declaration confirming exemption under Approved Superannuation Schedule VII to Section 11 together with self- Fund / Approved Gratuity attested PAN. Fund Other exempt resident NIL Documentary evidence supporting exemption shareholders together with self-attested PAN. Resident shareholder without 20% Tax shall be deducted under Section 397(2) of PAN/Invalid PAN/PAN not the Act. linked with Aadhaar Table 2: Non-resident Shareholders Category of Tax Deduction Exemption Applicability/ Documents required Shareholder Rate Any Non-Resident 20% (plus To claim Tax Treaty benefit, the shareholder should Shareholder (including applicable furnish: FII/FPI) surcharge and (i) Self-attested PAN, or if PAN is cess) or unavailable, prescribed details including beneficial Tax Tax Identification Number, email, address Treaty rate, and contact details; wherever (ii) Self-attested Tax Residency Certificate applicable (TRC); (iii) Form 41 filed electronically on the Income-tax portal under Section 159; (iv) Self-declaration confirming eligibility to Tax Treaty benefits and absence of Permanent Establishment/fixed base in India; and (v) Where applicable, proof of satisfying the Limitation of Relief provisions (for Singapore residents). Certificate under Rate specified Self-attested copy of Lower/NIL withholding Section 395(1) in the certificate issued by the Income-tax Department. certificate Non-Resident 35% (plus As applicable under the provisions of the Act. shareholders declaring applicable Permanent surcharge and Establishment in India cess) Where the prescribed documents for claiming Tax Treaty benefits are not submitted or are found to be incomplete, tax shall be deducted at 20% plus applicable surcharge and cess. The Company shall apply the beneficial Tax Treaty rate only upon satisfactory review of the documents submitted by the non-resident shareholder and subject to compliance with the provisions of the Income-tax Act, 2025, the applicable Tax Treaty and the Multilateral Instrument (where applicable). Please note the following (Resident & Non-Resident Shareholders): a) Furnishing and recording of a valid Permanent Account Number (PAN) is mandatory. In the absence of a valid PAN, tax shall be deducted at 20% under Section 397(2) of the Income-tax Act, 2025. b) PAN-Aadhaar linking is mandatory for resident shareholders. Where PAN is not linked with Aadhaar and becomes inoperative, tax shall be deducted at the higher rate prescribed under Section 397(2). c) Shareholders holding shares under multiple accounts with different status/category but under the same PAN should note that the higher applicable tax rate corresponding to any such status/category may be applied to the aggregate dividend payable acro [Showing first 8,000 characters — download PDF for full document]