Gujarat State Fertilizers & Chemicals Limited at its board meeting held on May 26, 2022 has recommended a dividend of INR 2.50 per Equity Shares of INR 2 each fully paid-up (i.e. 125 %) for the year ended 31st March, 2022, subject to approval of shareholders at upcoming Annual General Meeting. Upon approval of shareholders, the dividend declared will be paid within 30 days of declaration. The date of Annual General Meeting, Book Closure Date and Dividend Payment Date will be intimated in due course.