The Board of Directors of the Company at its Meeting held today i.e. 18th May 2023 has inter-alia considered and: 1) Approved the Audited Standalone and Consolidated Financial Results of the Company for the year ended 31st March 2023. 2) Recommended Dividend of Rs. 3/- per share (i.e. 30%) on 3 46 95 381 equity shares of face value of Rs. 10/- each of the Company for the financial year 2022-23 subject to the approval of the Shareholders in the ensuing Seventy- Eighth (78th) Annual General Meeting of the Company. Upon approval of the Shareholders the dividend declared will be paid within thirty (30) days of declaration subject to deduction of applicable Tax at Source as per the provisions of Income Tax Act 1961 and rules made thereunder.
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