Indian Toners & Developers Ltd has informed BSE that the Board of Directors of the Company at its Meeting held on May 20 2019 inter alia has recommended a final dividend of Rs. 1.50 per Ordinary Share of Rs.10 each to the shareholders for the financial year ended March 31 2019. The dividend recommended by the Board is subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM) of the Company to be held on July 31 2019.