Updates

24th August, 2026 BSE Ltd. National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex, Dalal Street Bandra (E) Mumbai- 400 001 Mumbai- 400 051 Scrip Code: 532548 Scrip Name- Centuryply Dear Sir(s)/ Madam(s) Sub: Communication regarding deduction of tax at source (TDS) on Dividend Enclosed herewith please find an email communication sent to all the shareholders whose email addresses are registered with the Company/Depositories, inter-alia, informing them about the provisions of the Income Tax Act, 2025 relating to TDS and also about the process and documentation required for claiming tax exemption/lower deduction of tax on dividend payable to the shareholders, if declared, for the financial year ended 31st March 2026. This is for your information and records. Thanking you, Yours faithfully, For Century Plyboards (India) Ltd. Company Secretary Enclosed: As above CENTURY PLYBOARDS (INDIA) LIMITED (CIN: L20101WB1982PLC034435) Registered Office: P-15/1, Taratala Road, Kolkata - 700 088; Phone: (033) 3940 3950 Website: www.centuryply.com; Email: investors@centuryply.com Date: 24.08.2026 Dear Member, Sub: Communication of deduction of tax at source on Dividend for the FY 2025-26 We are pleased to inform you that the Board of Directors of Century Plyboards (India) Limited (‘the Company’) at its Meeting held on 22nd May, 2026, has recommended payment of dividend of Re. 1/- per equity share of Re. 1/- each for the financial year ended 31st March 2026 and the same would be payable, if approved by the Shareholders at the ensuing 45th Annual General Meeting of the Company scheduled to be held on 16th September, 2026. The Record date fixed for determining the entitlement of Members to dividend for the financial year ended 31st March, 2026, if approved at the AGM is 9th September, 2026. As per the provisions of the Income-tax Act, 2025 (‘IT Act’), as amended by Finance Act, 2026 and the Rules framed thereunder, dividend paid or distributed by a company 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 summarises the applicable TDS provisions in accordance with the provisions of the Income Tax Act, 2025, for various categories, including Resident or Non-Resident members, subject to submission of requisite documents/declarations to the Company. 1. For Resident Members: Category Section TDS Rate Applicability Conditions Mutual Fund 393(5)(d) Nil Applicable for Mutual Funds registered with [as specified SEBI. at Schedule VII (Table: Sl. If details are not updated with the No. 20 or 21) depository participant, a self-declaration of the Act] with an exemption certificate is required to be furnished - Refer Annexure 1 The 393(5)(a) Nil If details are not updated with the Government depository participant, a self-declaration with an exemption certificate is required to be furnished - Refer Annexure 1 Alternative 393(1) [Table: Sl. No. 7], Nil Applicable for Category I and II AIF Investment registered with SEBI. Fund ("AIF") 393(4) [Table: Sl. No. 10] 10% If details are not updated with the depository participant, a self-declaration with an exemption certificate is required to be furnished - Refer Annexure 1 In the case of Category III AIF Category III 393(2)[Table: Sl. No. 16] 10% This rate is applicable for Category III AIF AIF IFSC, as located in any International Financial referred to in Services Centre ("IFSC") of which all the Schedule VI units are held by non-residents other than [Note 1(g)] of unit (other than those covered under the Act section 208 of the Act) held by a sponsor or manager. In addition to tax, surcharge as per respective slabs and cess @ 4% would be applicable. National 393(9) Nil Pension System Trust, as referred to - in Schedule VII (Table: Sl. No. 41) of the Act Insurance 393(4) [Table: Sl. No. 10] Nil Applicable for Insurance companies companies registered under IRDAI. Resident 393(4)[Table: Sl. No. 10] Nil This rate is applicable: Individuals 1. If aggregate amount of dividend during Tax Year 2026-27 does not exceed INR 10,000/- or if valid Form 121*, is submitted; 2.Dividend should be in mode other than cash. Eligible 395 Rate as per TDS rate specified in the Lower Deduction resident lower Certificate issued by the Income Tax shareholders deduction Authority valid for Tax Year 2026-27, certificate covering dividend income. Resident 393(1) [Table: Sl. No. 7] 10% If valid PAN is registered in the register of Shareholders members, tax shall be deducted at the rate not covered 20% of 10% under section 397(1) of the Act. in above provisions In the absence of PAN or invalid PAN, tax shall be deducted at the rate of 20% under section 397(2) of the Act. (a) No TDS shall be deducted in NIL the case of resident individual members, if the amount of such dividend in aggregate paid or likely to be paid during the financial year does not exceed Rs.10,000. (b) Members having a valid PAN -10% Update valid PAN, if not already done, with if Dividend paid exceeds Rs Depositories (in case of shares are held in 10,000/- the demat mode) and with the Company's Registrar and Transfer Agent - Maheshwari Datamatics Pvt. Ltd. (in case shares are held in the physical mode). (c) Without PAN/ Invalid PAN 20% Obtain a valid PAN and submit the same. (d) Non Linking of PAN and 20% Link the PAN with Aadhaar and submit Aadhaar confirmation. (e) Members submitting Form NIL Declaration in Form No. 121* provided that no. 121 all the required eligibility conditions are met. (f) Members submitting Order Rate Lower/NIL withholding tax certificate under Section 395 of the IT provided in obtained from tax authority to be Act. the Order submitted. *Form No. 121 in the case of eligible Resident shareholders: No tax shall be deducted in the case of a resident shareholder if the shareholder provides duly signed Form No. 121 provided that all the prescribed eligibility conditions are met (declaration form is annexed as Annexure 2). Shareholders may submit the above stated declaration using the following link: www.mdpl.in 2. For Non-Resident Members: Category Section TDS Rate Applicability Conditions FII/FPI 393(2) [Table: Sl. No. 15] 20% In addition to tax, surcharge as per respective slabs and cess @ 4% would be applicable. A lower TDS rate as per relevant Double Taxation Avoidance Agreements ("DTAA") may also apply, if the following documents are furnished: 1. Copy of valid PAN, if PAN not available provide the details in a specific format in Annexure 3 (as prescribed in Rule 217(2) of the Income-tax Rules, 2026 ("Rules")); 2. A copy of TRC of the country of residence of the shareholder valid for Tax Year 2026-27; 3. Self-declaration in Form 41 (filed online on income-tax portal); 4. Self-declaration of having no Permanent Establishment in India, beneficial ownership of shares and dividend income and eligibility to claim treaty benefits - Refer Annexure 4. Other Non- 393(2) [Table: Sl. No. 17] 20% In addition to Tax, surcharge as per resident respective slabs and cess @ 4% would shareholders be applicable. The Company may deduct taxes at a lower rate as per relevant DTAA, if all the following documents are submitted: 1. Copy of valid PAN, if PAN not available provide the details in a specific format in Annexure 2 (as prescribed in Rule 217(2) of the Rules); 2. Copy of TRC of the country of residence of the shareholder valid for Tax Year 2026-27; 3. Self-declaration in Form 41 (filed online on income-tax portal) -; 4. Self-declaration of having no Permanent Establishment in India, beneficial ownership of shares and dividend income and eligibility to claim treaty benefits - Refer Annexure 4. Category III 393(2) [Table: Sl. No. 16] 10% This rate is applicable for Category III AIF IFSC, as AIF located in any IFSC of which all the referred to units are held by non-residents other in Schedule than unit (other than those covered [Showing first 8,000 characters — download PDF for full document]