Welcast Steels Limited at its board meeting held on May 16, 2023, recommended dividend of INR 2.5 (at 25%) per Equity Share of face value of INR 10 each fully paid up for the Financial Year 2022-2023, subject to the approval of shareholders of the Company. Pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, the Company has fixed Book Closure date from September 6, 2023 to September 12, 2023 for the purpose of determining entitlement of the members of the Company to receive Dividend. The said Dividend, if declared by the shareholders at the upcoming AGM, shall be paid on or before October 11, 2023, subject to deduction of tax at source as applicable.