Southern Petrochemical Industries Corporation Limited announced that at its board meeting held on August 11, 2023, recommended the dividend of INR 1.50 per equity share of INR 10 each, fully paid-up, is subject to the approval of the members at the 52nd Annual General Meeting scheduled to be held on 27th September 2023 and would be paid/warrants dispatched on or before the 25th October 2023.