Updates

6th July, 2026 BSE Limited National Stock Exchange of India Limited PJ Towers, Dalal Street, Exchange Plaza, Plot No. C/1, G Block Mumbai 400 001 Bandra-Kurla Complex, Bnadra (East) Mumbai – 400 051 Scrip code : 532707 Trading Symbol : DYNPRO Dear Sir / Madam, Sub: Communication to Shareholders – Intimation on Tax Deduction on Dividend This has reference to our intimation dated May 29, 2026, regarding payment of Final Dividend for the Financial Year 2025-26 to the eligible Shareholders of (‘the Company’), if declared at the forthcoming Annual General Meeting (‘AGM’). Further to the aforesaid letter, we wish to inform you that pursuant to the provisions of the Income Tax Act, 1961 and the Rules framed thereunder, as amended by the Finance Act, 2020 (‘the Act’), dividend paid or distributed on or after April 1, 2020, shall be taxable at the hands of the Shareholders. In this regard, we are enclosing herewith an email communication which is being sent to all the Shareholders of the Company whose email IDs are registered with the Company/Depositories, containing a gist of the applicable provisions of the Act relating to Tax Deduction at Source (‘TDS’) Along with the necessary annexures. This communication is also being made available on the website of the Company at https://www.dynemic.com/colours/pdf/To%20upload.pdf This is for information of the Exchanges and the Members. Thanking you, Yours faithfully, For Dynemic Products Limited Varsha Mehta Company Secretary & Compliance Officer Encl : as above DYNEMIC PRODUCTS LTD. Reg. office : B 301, Satymev Complex-1, Opp. Gujarat High Court, Unit – I: 6401,6402,6415,6416,6400,6400/1 ,GIDC Estate, Ankleshwar 393 002 S.G. Road, Ahmedabad, 380060, Gujarat, India, Unit – II : 3709/6, 3710/1,3710/3, GIDC Estate, Ankleshwar 393 002 E-mail : info@dynemic.com, Website : www.dynemic.com Unit – III : D/3/3/1, GIDC Estate, Dahej 392 130 Tel : +91-79-27663071, CIN : L24100GJ990PLC013866 An ISO 9001, ISO 14001 & FSSC 22000 CERTIFIED COMPANY July 4, 2026 Dear Shareholder, We are pleased to inform you that the Board of Directors of the Company, at its meeting held on May 29, 2026, has recommended declaration of final dividend of ₹1.50 per Fully paid-up Equity Share of face value ₹10/- each (i.e., 15%) for the Financial Year (‘FY’) ended March 31, 2026. As you are aware, as per the provisions of the Income-tax Act, 1961 and the Rules framed thereunder, as amended by the Finance Act, 2020 (‘the Act’), dividend paid or distributed by a company on or after April 1, 2020, shall be taxable at the hands of the Shareholders. Accordingly, the Company is required to deduct tax at source from dividend paid to the Shareholders. This communication provides a gist of the applicable provisions of the Act relating to Tax Deduction at Source (‘TDS’) on dividend. I. For Resident Shareholders: Tax is required to be deducted at source under Section 194 of the Act, at the rate of 10% on the amount of dividend where Shareholders have registered their valid Permanent Account Number (PAN). In case, Shareholders do not have PAN / have not registered their valid PAN details in their demat account/ PAN is invalid or declared to be inoperative on non-linking of PAN with Aadhaar, TDS at the rate of 20% shall be deducted under Section 206AA of the Act. a. Resident Individuals: No tax shall be deducted on the dividend payable to resident individuals I. Total dividend amount to be received by them does not exceed ₹10,000/-; or II. The Shareholder furnishes Form 15G (applicable to resident individual below the age of 60 years) / Form 15H (applicable to a resident Individual aged 60 years and above), provided that all the required eligibility conditions are met. Please note that all fields are mandatory to be filled up and the Company may at its sole discretion reject the form if it does not fulfil the requirement of law. Formats of Form 15G and 15H are enclosed herewith as Annexure 1 and Annexure 2, respectively. III. Exemption certificate, if any, issued by the Income-tax Department. b. Resident Non-Individuals: No tax shall be deducted on the dividend payable to the following resident non-individuals where they provide details and documents as per the format attached in Annexure 3. DYNEMIC PRODUCTS LTD. Reg. office : B 301, Satymev Complex-1, Opp. Gujarat High Court, Unit – I: 6401,6402,6415,6416,6400,6400/1 ,GIDC Estate, Ankleshwar 393 002 S.G. Road, Ahmedabad, 380060, Gujarat, India, Unit – II : 3709/6, 3710/1,3710/3, GIDC Estate, Ankleshwar 393 002 E-mail : info@dynemic.com, Website : www.dynemic.com Unit – III : D/3/3/1, GIDC Estate, Dahej 392 130 Tel : +91-79-27663071, CIN : L24100GJ990PLC013866 An ISO 9001, ISO 14001 & FSSC 22000 CERTIFIED COMPANY i. Insurance Companies: Self declaration that it qualifies as ‘Insurer’ as per Section 2(7A) of the Insurance Act, 1938 and has full beneficial interest with respect to the Equity Shares owned by it along with self-attested copy of PAN card and certificate of registration with Insurance Regulatory and Development Authority (IRDA)/ LIC/ GIC. ii. Mutual Funds: Self-declaration that it is registered with Securities and Exchange Board of India (‘SEBI’) and is notified under Section 10 (23D) of the Act along with self-attested copy of PAN card and certificate of registration with SEBI. iii. Alternative Investment Fund (AIF): Self-declaration that its income is exempt under Section 10 (23FBA) of the Act, and they are registered with SEBI as Category I or Category II AIF along with self-attested copy of the PAN card and certificate of AIF registration with SEBI. iv. New Pension System (NPS) Trust: Self-declaration that it qualifies as NPS trust and income is eligible for exemption under Section 10(44) of the Act and being regulated by the provisions of the Indian Trusts Act, 1882 along with self-attested copy of the PAN card. v. Other Non-Individual Shareholders: Self-attested copy of documentary evidence supporting the exemption along with self-attested copy of PAN card. II. For Non-Resident Shareholders: a. Taxes are required to be withheld in accordance with the provisions of Section 195 or Section 196D of the Act as per the rates as applicable. As per the relevant provisions of the Act, the withholding tax shall be at the rate of 20% (plus applicable surcharge and cess) on the amount of dividend payable to them. In case, Non-Resident Shareholders provide a certificate issued under Section 197/195 of the Act, for lower/ nil withholding of taxes, rate specified in the said certificate shall be considered, on submission of self-attested copy of the same. b. Further, as per Section 90 of the Act, the non-resident Shareholder has the option to be governed by the provisions of the Double Tax Avoidance Agreement (DTAA) between India and the country of tax residence of the Shareholder, if they are more beneficial to them. For this purpose, i.e., to avail Tax Treaty benefit, the non-resident Shareholders are required to provide the following: i. Self-attested copy of the PAN card allotted by the Indian Income-tax authorities. In case, PAN is not available, the non-resident Shareholder shall furnish (a) name, (b) email ID, (c) contact number, (d) address in residency country, (e) Tax Identification Number of the residency country (format attached herewith as Annexure 4). ii. Self-attested copy of Tax Residency Certificate (TRC) (For FY April 1, 2025 to March 31, 2026) obtained from the tax authorities of the country of which the Shareholder is a resident. DYNEMIC PRODUCTS LTD. Reg. office : B 301, Satymev Complex-1, Opp. Gujarat High Court, Unit – I: 6401,6402,6415,6416,6400,6400/1 ,GIDC Estate, Ankleshwar 393 002 S.G. Road, Ahmedabad, 380060, Gujarat, India, Unit – II : 3709/6, 3710/1,3710/3, GIDC Estate, Ankleshwar 393 002 E-mail : info@dynemic.com, Website : www.dynemic.com Unit – III : D/3/3/1, GIDC Estate, Dahej 392 130 Tel : +91-79-27663071, CIN : L24100GJ990PLC013866 An ISO 9001, ISO 14001 & FSSC 22000 CERTI [Showing first 8,000 characters — download PDF for full document]