Patels Airtemp (India) Limited at Annual General Meeting on 27 September,2022 approved to declaration of dividend of INR 2.80 per Share (i.e. 28%) on 50,70,240 Equity Shares of INR 10 each of the Company for the year ended 31st March, 2022 and the same be paid out of the profits of the Company, subject to deduction of tax at source.