The board of directors of Maithan Alloys Limited meeting held on May 29, 2024, have recommended a dividend of INR 6 per equity share of INR 10 each (i.e. @60%), for the financial year 2023-24. The dividend as recommended by the Board of Directors of the company is subject to the approval of shareholders at the upcoming Annual General Meeting (AGM) of the Company scheduled to be held on 28 September, 2024. The dividend, if approved at the upcoming AGM shall be paid, subject to deduction of tax at source, to the shareholders on or after 28 September 2024.

The Board of Directors of the Company decided to close the Register of Members and Share Transfer Books of the Company from 21 September, 2024 to 28 September, 2024 (both days inclusive) for the purpose of payment of dividend and the AGM for the financial year ended 31 March 2024.