The Indian Hotels Company Limited recommended a dividend of INR 1.75/- per Equity Share of INR 1/- each fully paid up of the Company @ 175 % (previous year INR 1/- per Equity Share of INR 1/- each fully paid up @ 100%), subject to the approval of the Members at the forthcoming Annual General Meeting. Accordingly: the dividend payable on one Equity Share of INR 1/- each fully paid up will amount to INR 1.75/-. The dividend payable on Hundred Equity Shares of INR 1/- each fully paid up will amount to INR 175/-.