The board of directors of Electrosteel Castings Limited at its meeting held on 13 May 2024, recommended a final dividend of INR 0.90 (90%) per Equity Share of face value of INR 1 each for the Financial Year ended 31 March, 2024, to the shareholders of the Company for their approval at their upcoming Annual General Meeting. The final dividend for the Financial Year ended 31 March, 2024, if any, declared by the shareholders at the upcoming Annual General Meeting will be paid to the shareholders after the Annual General Meeting, within such time period as required under the law. It may be noted that an Interim Dividend at INR 0.50 (50%) per Equity Share was declared by the Board at its meeting held on 8 February 2024 and the same was paid by the Company.

With this recommendation, the total dividend for the year ended 31 March 2024 aggregates to INR 1.40.