General Updates

4th July, 2026 The Secretary Listing Department BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, “Exchange Plaza”, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E) Mumbai – 400001 Mumbai – 400051 BSE Code: 500645 NSE Code: DEEPAKFERT Subject: Communication to Shareholders regarding Tax Deduction at Source (TDS) / withholding tax on Dividend Dear Sir / Madam, In reference to the captioned subject, please find enclosed an email communication which has been sent to all the Shareholders whose email addresses are registered with the Company/ RTA or Depositories inter alia indicating the process and documentation required to enable the Company to determine appropriate TDS/ withholding tax rate while making remittance of dividend. The date and time of occurrence of the event/information is 9:24 A.M. on 4th July, 2026, being the time of receipt of the confirmation from KFin Technologies Limited, the Registrar and Share Transfer Agent of the Company, regarding the circulation of the communication to the shareholders. The above information will also be made available on the website of the Company at www.dfpcl.com. We request you to take the same on your record. Thanking you, Yours faithfully, For Deepak Fertilisers And Petrochemicals Corporation Limited Rabindra Purohit VP – Legal, Compliance & Company Secretary M. No. FCS 4680 Encl: As above DEEPAK FERTILISERS AND PETROCHEMICALS CORPORATION LIMITED Registered & Corporate Office: Sai Hira, Survey No. 93, Mundhwa, Pune - 411036 Tel: (91 20) 66458094 E-mail: investorgrievance@dfpcl.com Website: www.dfpcl.com CIN: L24121MH1979PLC021360 Date: 3rd July, 2026 Ref: Folio Number / DP ID & Client ID Number: Name of the Shareholder: DEDUCTION OF TAX AT SOURCE ON DIVIDEND Dear Shareholder(s), We are pleased to inform you that the Board of Directors of your Company at its meeting held on 28th May, 2026, recommended a dividend of Rs. 10/- (Ten Rupees) (100%) per equity share having face value of Rs.10/- each for the financial year ended March 31, 2026. The dividend, as recommended by the Board, if approved at the 46th Annual General Meeting ("AGM"), will be paid to the equity shareholders holding equity shares of the Company as at the record date within 30 days from date of its declaration. In terms of the provisions of the Income tax Act, 2025 ('the Act'), dividends paid or distributed by a company shall be taxable in the hands of the shareholders. The Company shall therefore be required to deduct tax at source, depending upon the status and category of the Shareholders at the time of making the payment of the said dividend, if approved, at the 46th AGM of the Company. To enable us to determine appropriate withholding tax rate please note the following: PART 1: UPDATION OF MANDATORY INFORMATION BY ALL THE SHAREHOLDERS All Shareholders are requested to ensure that the following details are updated, as applicable, through their depository participant (if shares are held in Dematerialized Form) or with the Registrar and Transfer agent in the Register of Members (if shares are held in Physical Form), on or before August 17, 2026: 1. Residential status as per the Act i.e., Resident or Non-Resident for FY 2026-27 (April 01, 2026 to March 31, 2027) 2. Valid Permanent Account Number (PAN) (Refer Note-1) 3. In case of individual shareholders, Aadhaar number (in addition to PAN) 4. Category of shareholders: Mutual Fund Insurance Company Alternate Investment Fund (AIF) Category I and II AIF Category III: Located in any International Financial Services Centre (IFSC) of which all the units are held by non- residents other than unit held by a sponsor or manager AIF Category III: Others Government (Central/State) Foreign Portfolio Investor (FPI) /Foreign Institutional Investor (FII): Foreign Company FPI/FII: Others (being Individual, Firm, Trust, Artificial Juridical Person (AJP), etc.) Individual Hindu Undivided Family (HUF) Firm Limited Liability Partnership (LLP) Association of Persons (AOP), Body of individuals (BOI) or Artificial Juridical Person (AJP) Trust Domestic company Foreign company Others (specify category) 5. Email ID 6. Address 7. Contact number 8. Bank account details Note1: If the PAN is not as per the database of the Income-tax Portal, it would be considered as invalid PAN. Further as per the Notification of Central Board of Direct Taxes, individual shareholders are requested to link their Aadhaar number with PAN within prescribed timelines, to avoid deduction of tax at higher rates. Please note that for the purpose of complying with the applicable TDS provisions, the Company will rely on the above-mentioned details as available on record date, as per the list of beneficial owners provided by the depositories (in respect of shares held in dematerialised form) / and/or as as per the Register of Members (in respect of shares held in physical form) and tax would be deducted wherever applicable. PART 2: TDS PROVISIONS AND DOCUMENTS REQUIRED FOR RESPECTIVE CATEGORY OF SHAREHOLDERS RESIDENT SHAREHOLDERS Tax will be deducted at source ("TDS") under Section 393(1) [Table: S. No. 7] of the Act @ 10% on the amount of dividend payable, unless exempt under any of the provisions of the Act. However, in case of individuals, TDS would not be deducted if the aggregate of total dividend distributed to them by the Company during the Tax year 2026-27 does not exceed Rs.10,000 (Ten thousand rupees only). Tax at source will also not be deducted in cases where a shareholder provides duly signed Form No.121 (including individual above the age of 60 years) ("earlier known as Form 15G and Form 15H"), provided that the eligibility conditions are met. Blank Form No.121 can be downloaded from the link given at the end of this communication or from the website of the Company viz. https://www.dfpcl.com/forms. The Central Board of Direct Taxes ("CBDT") has revised Form 121, incorporating additional disclosures. Accordingly, shareholders are requested to carefully review the revised requirements and ensure that all columns are duly completed in the updated Form 121. Further, shareholders are required to fully complete Part-A (including the declaration therein) and Part-B (Sr. Nos. 8,9, 11 to 18 only). The Company-specific details in Part-B have been pre-filled for ease of reference. Please note that all fields mentioned in the forms are mandatory and the Company may reject the forms submitted, if not filled up correctly. NIL / lower tax will be deducted on dividend payable to the following categories of resident shareholders, on submission of self declarations: Insurance Companies: Declaration (refer format) that the provisions of Section 393(4) [Table: S.No.10] of the Act are applicable, along with self-attested copy of registration certificate and PAN card; Mutual Funds: Declaration (refer format) by the mutual fund as specified under Schedule VII [Table: Sl. No. 20 or 21] to section 11 of the Act along with self-attested copies of the registration documents and PAN card; AIF established in India: Declaration (refer format) that the shareholder is eligible for exemption under Schedule V [Table: Sl. No. 1] to section 11 of the Act and that they are established as Category I or Category II AIF under the Securities and Exchange Board of India (Alternative Investment Fund) Regulations, 2012, made under the Securities and Exchange Board of India Act, 1992 (15 of 1992). Copy of self-attested registration documents and PAN card should also be provided; New Pension System Trust: Declaration (refer format) along with self-attested copy of documentary evidence supporting the exemption under Schedule VII (41) to Section 11 of the Act and self-attested copy of PAN card; Recognized Provident Fund/ Approved Superannuation Fund/ Approved Gratuity Fund : Self-declaration that its income is eligible for exemption under Schedule III [Table: S. No. 32] to section 11 of the Act along with self-attested copy of PAN card and approva [Showing first 8,000 characters — download PDF for full document]