The board of directors of Jubilant Ingrevia Limited at their meeting held on May 16, 2023, have recommended a final dividend of INR 2.5 equity share of INR 1 each amounting to INR 398.2 million for the year ended March 31, 2023 subject to approval in annual general meeting. During the year ended 31 March 2023 the company has already declared an interim dividend of INR 2.5 per equity share of INR 1 each and hence the total dividend for the year ended March 31 2023 is amounting to be INR 796.4 million and i.e., INR 5 per equity share of INR 1 each.