Vinati Organics has informed that the Board of Directors of the Company at its meeting held on Saturday, May 14, 2022 have recommended payment of Final Dividend of Rs.6.50 (650%) per Equity Share of Face Value Re 1 each, for the Financial Year 2021-22, subject to approval of shareholders at the ensuing Annual General Meeting of the Company and shall be paid after deduction of tax at the applicable rates. Pursuant to the provisions of Income Tax Act, 1961 as amended from time to time, final dividend for the financial year 2021-22 to be paid or distributed by the Company in the financial year 2022-23 shall be taxable in the hands of the Shareholders. In this regard, the company has enclosed an e-mail communication which has been sent to all the shareholders having their e-mail ID registered with the Company/ Depositories elaborating the process to be followed along with the necessary Annexures. The said communication is also available on the website of the Company at www.vinatiorganics.com
The above information is a part of company’s filings submitted to BSE.
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