Updates

Ref· STL / SE/ 2026-2027/ General Updates/36 Dated: 27th August, 2026 To, To, Department of Corporate Services, Listing Department, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Street, C-1, G-Block, Bandra-Kurla Complex Mumbai – 400 001 Bandra, (E), Mumbai – 400 051 BSE Code: 541163; NSE: SANDHAR Subject: Communication to Shareholders of Sandhar Technologies Limited (“the Company”) regarding Tax Deduction at Source (TDS) on Dividend Dear Sir/ Madam, This is with reference to our earlier intimation regarding the meeting of the Board of Directors of the Company held on 21st May, 2026. At the said meeting, the Board of Directors recommended the payment of a final dividend for the financial year ended 31st March, 2026, subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM). Further, pursuant to the provisions of the Income Tax Act, 2025, as amended by the Finance Act, 2026, and the rules framed thereunder, dividends paid or distributed by a company are taxable in the hands of the Shareholders. Accordingly, the Company is required to deduct tax at source at the applicable rates while distributing dividend to eligible Shareholders. In this regard, please find enclosed a copy of the e-mail communication that has been sent to all Shareholders of the Company whose e-mail addresses are registered with the Company or the Depositories/Depository Participants. The communication outlines the applicable tax deduction provisions and the necessary procedures and documentation required from Shareholders to ensure deduction of tax at the appropriate rates on the Dividend. The aforesaid communication is also available on the Company’s website https://sandhargroup.com/investors/announcement-and-notices. This is for your information and records. You are requested to take note of the same. Thanking you, For Sandhar Technologies Limited Yashpal Jain Chief Financial Officer & Company Secretary M. No. A13981 Encl.: As above Sandhar Technologies Limited Corporate Office: 13, Sector-44, Gurugram-122 002, Haryana, India. Ph: + 91 12-4518900 Registered Office: B-6/20, L.S.C., Safdarjung Enclave, New Delhi-110 029, India, Ph: +91-11-40511800 E-mail: enquiries@sandhar.in, website: www.sandhargroup.com; CIN-L74999DL1987PLC029553 Dear Shareholder, Subject: Sandhar Technologies Limited – Final Dividend @INR 4.00/- per equity share for FY: 2025-26 - Communication on Tax Deduction. Date: 26/08/2026 THIS COMMUNICATION IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION Subject.: Sandhar Technologies Limited – Final Dividend @INR 4.00/- per equity share for FY: 2025-26- Communication on Tax Deduction. This is to inform you that the Board of Directors of the Company, at its Meeting held on May 21, 2026, has recommended a final dividend of INR 4.00/- per equity share of face value of INR 10/- each for the Financial Year 2025-26. The said dividend will be payable post approval of the shareholders at the ensuing Annual General Meeting (“AGM”) to be held on Tuesday, September 22, 2026, and to those shareholders whose names appear in the Register of Members of the Company on the Record Date Friday, September 11, 2026. As per the Indian Income Tax Act, 2025 ("the Act"), dividend paid and distributed by a company is taxable in the hands of shareholders. Therefore, the Company is required to deduct taxes at source (TDS) at the rates applicable on the amount distributed to the shareholders. Please note that since this dividend will be approved by the shareholders at the AGM scheduled to be held on Tuesday, September 22, 2026, this dividend will be taxable in your hands in the Tax Year: 2026-27. Thus, all the details and declarations furnished should pertain to Tax Year: 2026-27. The TDS in accordance with the provisions of the Act, for various shareholder categories, along with required documents are provided as under: Particulars Applicabl Documents required (if any) e Rate With PAN 10% · Kindly Update/Verify the PAN and the residential status as per Act, if not already done, with the depositories (in case of shares held in demat mode) and with the Company's Registrar and Transfer Agent (in case of shares held in physical mode). · In case of Resident Individual shareholder, TDS would not apply if the aggregate of total dividend distributed to the shareholder by the Company during Tax Year 2026-27 does not exceed Rs. 10,000/-. Sandhar Technologies Limited Corporate Office: 13, Sector-44, Gurugram-122 002, Haryana, India. Ph: + 91 12-4518900 Registered Office: B-6/20, L.S.C., Safdarjung Enclave, New Delhi-110 029, India, Ph: +91-11-40511800 E-mail: enquiries@sandhar.in, website: www.sandhargroup.com; CIN-L74999DL1987PLC029553 Without 20% If shareholders’ PAN is not reflected or correct PAN is not PAN/ updated in records of the depositories, shareholders are Invalid advised to send a letter requesting correction of PAN PAN/ mentioning the Company name & folio number along with Inoperative the Self Attested PAN Card to the RTA. PAN/PAN is not As per Section 262 of the Act, every person who has been linked with allotted a PAN and is eligible to obtain Aadhaar, shall be Aadhar required to link the PAN with Aadhaar. In case of failure to comply to this, the PAN allotted shall be deemed to be invalid / inoperative and shall be liable to all consequences under the Act. Tax shall be deducted at a higher rate provided in Section 397(2) of the Act, i.e., 20% of tax deduction at source. Submitting NIL Kindly furnish duly verified Form 121 (as may be applicable Form 121 in duplicate) along with self-attested copy of PAN card. (Refer Annexure-1 for the format of Form 121 or can also be accessed at https://www.incometaxindia.gov.in/documents/d/guest/f orm-no-121-1). Alternatively, Form 121 / Form 41 may also be downloaded from RTA’s Website at https://web.in.mpms.mufg.com/client-downloads.html (General). On this page select the General tab. All the forms are available under the head “Form 41 or Form 121”. Resident Individual Shareholders can alternatively submit Form 121 (Declaration for receipt of dividend without deduction of Tax) through their depository participants i.e. National Securities Depository Limited (NSDL) or Central Depository Services (India) Limited (CDSL). NSDL and CDSL have been enabled to accept Form 121 electronically. The steps for submitting form 121 in NSDL and CDSL are provided here NSDL link or https://www.cdslindia.com/Form121/Form121Login.aspx Accordingly, shareholders holding shares in dematerialized form may submit Form 121 directly through their respective depository participant on or before Tuesday, September 15, 2026. Submitting Rate Lower/NIL withholding tax certificate obtained from tax certificate provided authority. Tax will be deducted at the rate specified in the Sandhar Technologies Limited Corporate Office: 13, Sector-44, Gurugram-122 002, Haryana, India. Ph: + 91 12-4518900 Registered Office: B-6/20, L.S.C., Safdarjung Enclave, New Delhi-110 029, India, Ph: +91-11-40511800 E-mail: enquiries@sandhar.in, website: www.sandhargroup.com; CIN-L74999DL1987PLC029553 under in the said certificate, subject to furnishing a self-attested copy of Section 395 certificate the certificate. The certificate should be valid for the Tax Year of the Act 2026-27 and should cover income from dividends. An NIL Self-declaration that the Insurance Company has full Insurance beneficial interest with respect to the shares owned by it Company along with self-attested copy of PAN card and copy of as specified registration certification issued by the Insurance Regulatory under and Development Authority of India (IRDAI). Refer Section 393 Annexure 1 for the format of the declaration of the Act Mutual NIL Self-declaration by Mutual Fund shareholder that the income Fund is eligible for exemption under Section 11 of as specified at Schedule VII (Table: Sl. No 20 or 21) of the Income Tax Act, 2025 along with self-attested copy of [Showing first 8,000 characters — download PDF for full document]