Goa Carbon Limited at the meeting of board of directors held on May 15, 2024 have recommended a final dividend of INR 10 (100%) for the financial year ended 31st March, 2024 on equity shares of INR 10 each. The company had earlier paid an interim dividend of INR 10 per share on 7th February, 2024. The total dividend for the said period amounts to INR 20 (200%) per equity share of face value of INR 10/- each.

This dividend subject to the approval of shareholders at the Annual General Meeting and if approved, would result in a cash outflow of approximately INR 91.511 million.