Updates

MIttS UTTAM SUGAR LIMITED Corporate ffie :A-2E, III Floor, CMATower, Sector-24, N0IDA-201 301 Uttar Pradesh, India Telephone : 0 1204525000 E-mail : uttamsugarnoida@uttamsugar.com August 24,2026 National Stock Exchange of India Ltd. BSE Limited Listing Department Listing Department "Exchan ge Plaza", Bandra-Kurla Complex, P.f. Tower, Bandra (E), MumUai - 400 051 Dalal Street, Fort, Mumbai - 400 001" Ref. :- Symbol - UTTAMSUGAR Ref. - Scrip Code - 532729 Subiect: Communication to Shareholders - Intimation of TDS on Final Dividend for theE.Y.2025-26 Dear Sir, Pursuant to the provisions of the Income-tax Act,2025, as amended from time to time, dividend declared and paid by the Company is taxable in the hands of shareholders and the Company is required to deduct tax at source (TDS) at the time of making the payment of Dividend at the applicable rates prescribed by the Act, if declared by the shareholders in the 31st AGM In this regard, we are sending herewith an e-mail communication which has been sent to all the Shareholders of the Company whose e-mail IDs are registered with the Depositary/RTA explaining the process on withholding tax from Dividends to be paid to the Shareholders at prescribed rates alongwith necessary annexures, The same is also available on the website of the Company. You are requested to take the same on your records. Thanking you, Yours' faithfully, For Uttam Sugar Mills (RAIESH GARG) Company Secretary b officer r,\ -, Encl: As above Registered Office.'Village Libberheri, Tehsil Roorkee, Distt. Haridwar, Uttarakhand, India Website : www.uttamsugar. in, CIN No-L99999UR I 993PLC4325 18 UTTAM SUGAR MILLS LIMITED [Corporate Identity Number (CIN): L99999UR1993PLC032518] Regd. Office: Village Libberheri, Tehsil Roorkee, District Haridwar, Uttarakhand - 247667 Tel.: 0120 – 4525000, Website : www.uttamsugar.in, E-mail id: investorrelation@uttamsugar.in Subject: Communica(cid:415)on to Shareholders on Tax Deduc(cid:415)on at Source (TDS) on Dividend Payout Dear Member(s), This is to inform you that the Board of Directors of U(cid:425)am Sugar Mills Limited (the “Company”) at its mee(cid:415)ng held on 15th May, 2026 has recommended a Final Dividend of Rs. 2.50 (i.e. 25%) per equity share of the face value of Rs. 10/- each fully paid-up for the Financial Year 2025-26, subject to the approval of members of the Company at Annual General Mee(cid:415)ng scheduled to be held on 18th September, 2026. The said dividend will be payable to those members whose names appear in the Register of Members/Register of Beneficial Owners of the Company as provided by the Depositories i.e., Na(cid:415)onal Securi(cid:415)es Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) as on record date/cut-off i.e. 11th September, 2026. The dividend, as recommended by the Board, if approved at the ensuing 31st Annual General Mee(cid:415)ng, will be paid to the eligible Shareholders within 30 days from the date of its declara(cid:415)on. The important dates in this regard are as follows: Event Date AGM date Friday, 18th September, 2026 Record date Friday, 11th September, 2026 Dividend payout date On or before 17th October, 2026 Last date to submit tax related documents Friday, 11th September, 2026 As per the Income Tax Act, 2025 (the Act), dividend paid and distributed by a Company is taxable in the hands of shareholders. The Company shall, therefore, be required to deduct taxes at source (TDS) at the prescribed rates at the time of making payment of the dividend, if approved by the Shareholders at the forthcoming AGM. Shareholders are requested to ensure that their bank account details in their respective demat accounts/physical folios are updated, to enable the Company to make timely credit of dividend in their bank accounts. The tax deduction rates would vary depending on the residential status of the shareholders, documents submitted by the shareholders and accepted by the Company. This communication provides a brief of the applicable Tax Deduction at Source (TDS) provisions under the Act for Resident and Non-Resident Shareholder categories. For Resident Shareholders Tax is required to be deducted at source under Section 393(1) read with 393(4) 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/invalid PAN/PAN not linked with Aadhaar/ have not registered valid PAN details in there Demat Account, TDS at the rate of 20% shall be deducted under Section 397(2) of the Act. a. Resident Individuals No tax shall be deducted on dividend payable to resident individuals if: i. Total dividend amount to be received by them during the Tax Year (TY) 2026-27 does not exceed Rs. 10,000; or ii. The Shareholder provides Form 121, 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 prescribed requirement under the Act. For Form 121 please download Annexure 1 from the link given at the end of this communication iii. Exemption certificate is issued by the Income-tax Department, if any. b. Resident – Other than Individuals No tax shall be deducted on dividend payable to the following resident -other than individuals where they provide details and documents. For Resident Tax Declaration please download Annexure 2 from the link given at the end of this communication: Category of shareholders Tax Exemption Applicability / Documents required Deduction Rate 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)/ Life Insurance Corporation of India (LIC)/ General Insurance Corporation of India (GIC). Mutual Funds Self-declaration that it is registered with Securities and Exchange Board of India (SEBI) and as specified at Schedule VII to section 11 of the Act along with self- Nil attested copy of PAN card and certificate of registration with SEBI. Alternative Investment Self-declaration that its income is exempt under Fund Schedule V to section 11 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. National Pension System Self-declaration that it qualifies as NPS Trust and (NPS) Trust 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. Other Non-Individual As applicable Self-attested copy of documentary evidence supporting Shareholders the exemption along with self-attested copy of PAN card. In case Resident Shareholders provide certificate under Section 395(1) of the Act, for lower / NIL withholding of taxes, rate specified in the said certificate shall be considered, on submission of self- attested copy to the Company. For Non-resident Shareholders a. As per Domestic Tax Law Taxes are required to be withheld in accordance with the provisions of Section 393(2) 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 395(1) 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. For Dividend paid to ‘specified fund’ referred to in Schedule VI [Note 1(g)] of IT Act 2025, Tax will be deducted @10%. Self-declaration that the Fund falls with [Showing first 8,000 characters — download PDF for full document]