Stovec Industries Limited announced that at its board meeting held on August 10, 2023, approved Declaration of one-time special dividend (interim dividend) of INR 157 per equity share of INR 10/- each (i.e. 1570 %) for the financial year 2023 on the occasion of 50th anniversary of the Company. Such dividend will be paid to the eligible members who hold the shares on the record date i.e. August 21, 2023 and the payment will be made on or before its due date.