In terms of the provisions of the Income-tax Act, 2025 (""the Act""), dividend paid or distributed by a Company on or after 01st April, 2020 is taxable in the hands of its shareholders. Accordingly, the Company is required to deduct tax at source, at the prescribed rates, on the dividend paid to its shareholders. In this regard, please find enclosed herewith an e-mail communication which has been sent to all the shareholders of the Company whose e-mail IDs are registered with the Company / Depositories explaining the process on withholding tax from dividends at prescribed rates. This communication is also being made available on the website of the Company at https://www.greavescotton.com/investors/corporate-announcements.