Finolex Cables Limited informed that the Board of Directors of the Company at its meeting held 26 May, 2023, recommended a dividend at 350% (that is at INR 7.00 per equity share of INR 2 each fully paid up) for the financial year ended 31 March, 2023, subject to approval of shareholders at upcoming Annual General Meeting of the Company. The record date for determining the entitlement for receiving Dividend for the Financial Year 2022-23, is September 22, 2023. The dividend, if declared at the AGM, will be subject to deduction of tax at source as applicable and will be paid on or before 28th October, 2023 to those Members whose names appear in the Register of Members as on the date of the AGM in respect of shares held in physical form and in respect of shares held in electronic form on the basis of beneficial ownership as per details to be received from respective Depositories that is National Securities Depository Limited ("NSDL") and Central Depository Services (India) Limited ("CDSL") as of close of their respective business hours on 22nd September, 2023).