HFCL Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 29 2022 inter alia has considered and recommended Dividend for the financial year 2021-22 @ 18% i.e. Re. 0.18/- per equity share of face value Re. 1/- each out of the Profits of the Company for the financial Year 2021-22 which shall be paid subject to the approval of the shareholders in the ensuing Annual General meeting or other authorities wherever required.