The Directors of The Lakshmi Mills Company Limited have recommended a dividend of INR 5 per Equity Share of INR 100 each, at 5% for the financial year 2018-2019 (Previous Year - 9%). The Dividend of 5%, if approved at the upcoming Annual General Meeting, will result in the outflow of INR 3.478 million (Previous Year INR 6.260 million) to the company in addition to INR 0.715 million (Previous Year INR 1.276 million) by way of dividend distribution tax.