Asian Paints Limited announced that Board of Directors at their meeting held on 9th May 2024, Recommended payment of final dividend of INR 28.15 per equity share of the face value of INR 1 each for the financial year ended 31 March 2024, subject to the approval of the shareholders at the upcoming 78 Annual General Meeting of the Company. The total dividend for the financial year ended 31 March 2024, aggregates to INR 33.30 per equity share of the face value of INR 1 each (dividend payout ratio of 60%), including the interim dividend of INR 5.15 per equity share as approved by the Board of Directors at their meeting held on 26 October 2023, which was paid thereafter. The Company has fixed, 11 June 2024 as the Record Date for determining the entitlement of members to the final dividend for the financial year ended 31 March 2024.

The dividend, if approved by the shareholders will be paid on or after, 27 June 2024.