The Board of Directors of Apar Industries Limited at their Meeting held on May 08, 2023, recommended Dividend @ INR 40/- (400%) per equity share of INR 10/- each fully paid on the equity share capital of INR 382,686,190/- (38,268,619 equity shares of INR 10/- each) for the financial year 2022-23. This shall be paid subject to the approval by the members at the ensuing Annual General Meeting of the Company.