General Updates

August 31, 2026 The Department of Corporate Services, BSE Limited, Mumbai The Listing Compliance Dept. National Stock Exchange of India Ltd, Mumbai BSE Script Code: 531795 NSE Script Symbol: ATULAUTO SUB : Intimation of communication to Shareholders with respect to Tax Deduction at Source (TDS) on Final Dividend pertaining to FY 2025-26. Pursuant to the provisions of Regulation 30 read with Clause 12 of Para A of Part A of Schedule III of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, please find enclosed herewith email communication sent to all the Shareholders of the Company whose email addresses are registered with the Company/Depositories, indicating the process and documentation required for claiming tax exemption/withholding tax, at applicable rates, if any, on the proposed Final Dividend to be paid, subject to the approval of Shareholders at the ensuing Annual General Meeting to be held on September 18, 2026. This is for your information and record please Please take the same on your record. Yours faithfully, For Atul Auto Limited, Paras J Viramgama Company Secretary & Compliance Officer ATUL AUTO LIMITED (Corporate Identification Number: L54100GJ1986PLC016999) Regd. Office & Factory: National Highway 8-B, Near Microwave Tower, Shapar (Veraval), Rajkot – 360024 (Gujarat) Phone: 02827 252999 Website: www.atulauto.co.in E-Mail: info@atulauto.co.in ATUL AUTO LIMITED CIN: L54100GJ1986PLC016999 Registered Office: Survey No.86, Plot No. 1-4, 8B National Highway, Near Microwave Tower, Shapar (Veraval), Dist. Rajkot, Gujarat, INDIA 360024 Website: www.atulauto.co.in E-mail ID: info@atulauto.co.in Telephone: 02827 252999 Communication to Shareholders - Intimation on Tax Deduction on Dividend & Updation of Email ID’s, Phone No. and Bank details Dear Shareholder, The Board of Directors of Atul Auto Limited (‘the Company’) at their meeting held May 16, 2026 have recommended final dividend of Rs.3.00 per equity share subject to approval by shareholders at ensuing Annual General Meeting. As you are aware, the Company is required to deduct tax at the prescribed rates on the dividend paid to its shareholders in accordance with Income-tax Act, 2025 (‘the Act’) effective from April 01, 2026. The withholding tax rate varies depending on the residential status of the shareholder and the documents submitted by them and accepted by the Company. The Company shall, therefore, be required to deduct tax at source at the time of making the payment of the dividend, if approved by the Shareholders at the forthcoming AGM. No tax will be deducted on payment of dividend to the resident individual shareholder if the total dividend, paid by the Company during Tax year (‘TY’) 2026-27, does not exceed INR 10,000/-. The withholding tax rate would vary depending on the residential status, category of the shareholder and is subject to submission of requisite declarations/ documents to the Company. A. RESIDENT SHAREHOLDERS: A.1 Tax deductible at source for Resident Shareholders (other than resident individual shareholders receiving dividend not exceeding INR 10,000 during the TY 2026-27) Withholding Declaration / documents S No. Particular tax rate required 1 Valid PAN updated with the Depository 10% N.A. Participant in case shares are held in dematerialized form; or Registrar and Transfer Agent (‘RTA’) in case shares Tax Deduction at Source (TDS) on Dividend Page 1 of 8 are held in physical form and no exemption sought by Shareholder 2 No / Invalid PAN with the Depository 20% N.A. Participant in case shares are held in dematerialized form; or RTA in case shares are held in physical form and no exemption sought by Shareholder 3 Availability of lower/nil tax deduction Rate specified · Copy of PAN card certificate issued by Income Tax in Lower tax Department u/s 395(1) of the Act withholding · Copy of lower tax withholding certificate certificate obtained from obtained from Income Tax Department Income Tax Department A.2 Nil Tax Deductible at Source on dividend payment to Resident Shareholders if the Shareholders submit documents mentioned in table below with the Company/ RTA S No. Particular Declaration / documents required 1 An Individual having dividend · Copy of PAN card (refer point iii to the Notes below) income more than Rs.10,000/- · Declaration in Form No. 121, fulfilling prescribed and furnishing Form 121 conditions. (Format of Form No. 121 is enclosed as Annexure -A). 2 Shareholders to whom section · Copy of PAN card 393(1) of the Act does not apply, such as LIC, GIC, Business Trust · Self-declaration (Please download the Link given as (REIT, InVIT) etc. Annexure-B, at the end of this communication), along with adequate documentary evidence (e.g., registration certificate), to the effect that the no tax withholding is required as per provisions of section 393(1) of the Act. 3 Shareholder covered u/s 393(5) · Copy of PAN card of the Act such as Government, RBI, Mutual Funds specified · Self-declaration (Please download the Link given as under Schedule VII to Section 11 Annexure-B, at the end of this communication), along of the Act, corporations with adequate documentary evidence, substantiating established by Central Act and applicability of 393(5) of the Act. exempt from Income Tax. 4 Category I and II Alternative · Copy of PAN card Investment Fund (AIF) · Self-declaration (Please download the Link given as Annexure-B, at the end of this communication) that AIF’s income is exempt under Schedule V to Section 11 of the Act and they are governed by SEBI regulations as applicable to Category I or Category II AIFs, along with copy of registration certificate. Tax Deduction at Source (TDS) on Dividend Page 2 of 8 5 Any other entity exempt from · Copy of PAN card withholding tax under the provisions of section 393(6) of · Self-declaration (Please download the Link given as the Act Annexure- B & C, at the end of this communication) along with adequate documentary evidence, substantiating the nature of the entity · Copy of the lower tax withholding certificate obtained from Income Tax Department B. NON-RESIDENT SHAREHOLDERS: Tax deductible at source for non-resident shareholders. S No. Category Withholding tax rate Declaration / documents required 1 Foreign Institutional 20% (plus applicable · Copy of Valid PAN Card allotted by the Investors (FIIs) / surcharge and cess) or Indian Income Tax Authorities (if Foreign Portfolio tax treaty rate available) Investors (FPIs) whichever is beneficial · Self-declaration (Please download the Link given as Annexure-E, at the end of this communication). · Copy of Tax Residency certificate issued by revenue authority of country of residence of shareholder valid for the Tax Year 2026-27 (covering the period from April 1, 2026 to March 31, 2027) · Shareholders needs to mandatorily provide digital Form 41 covering the period from April 1, 2026 to March 31, 2027 (Note: Application of beneficial Tax Treaty Rate shall depend upon the completeness and satisfactory review by the Company of the documents submitted by the non-resident shareholders. In case the documents are found to be incomplete, the Company reserves the right to not consider the tax rate prescribed under the tax treaty). 2 Alternative Investment 10% (plus applicable · Copy of PAN card (if available) Fund – Category III surcharge and cess) # located in International · Self-declaration (Please download the Financial Services Link given as Annexure-D, at the end of Centre this communication) along with Tax Deduction at Source (TDS) on Dividend Page 3 of 8 adequate documentary evidence substantiating the nature of the entity 3 Other Non-resident 20% (plus applicable To avail beneficial rate of tax treaty shareholders (except surcharge and cess) or following tax documents would be those who are tax tax treaty rate required: residents of Notified whichever is beneficial Jurisdictional Area) · Copy of PAN card (if available) · Copy of Tax Residency certificat [Showing first 8,000 characters — download PDF for full document]