In furtherance to its Letter No. SMIL: BSE/NSE: 22-23/2705, dated May 27, 2022 informing for the Outcome of the Meeting of Board of Directors held on Friday, May 27, 2022 and based on the clarification sought by the BSE with respect to the Dividend recommended by the Board of Directors of the Company, in this regard, Sharda Motor Industries has clarified that: The Board of Directors of the Company at its Meeting held on Friday, May 27, 2022 has recommended a final Dividend of 407.5% of paid up equity share capital Rs 8.15 per equity share of Face Value of Rs 2 each, for the Financial Year 2021-22, subject to the approval of shareholders at the ensuing Annual General Meeting.
The above information is a part of company’s filings submitted to BSE.
