Lupin Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 12 2021 inter alia has recommended dividend @ 325% i.e. Rs. 6.50 per equity share of the face value of Rs. 2/- each for the year ended March 31 2021 subject to approval of Members at the ensuing Annual General Meeting. The total outflow would be Rs. 2949.2 mn.