Alembic Limited at its board meeting, to be held on 13 May, 2024, recommended Dividend of INR 2.40 (120%) per Equity Share having face value of INR 2 each for the year ended 31 March, 2024, subject to approval of Shareholders at the upcoming Annual General Meeting to be held on 12 August 2024. The Company has fixed 5 August 2024 as the "record date" for determining the eligibility of members to receive the dividend for the financial year ended 31 March 2024, if approved at the AGM. The dividend when sanctioned will be made payable on or from 16 August 2024, electronically through various online transfer modes to those members who have updated their bank account details.