The board of directors of Steel Strips Wheels Limited at its meeting held on May 27, 2019 recommended final dividend @ 40% i.e. INR 4.00 per fully paid up equity share of INR 10 each, subject to the approval of shareholders.

The company also announced the appointment of Sh. Virander Kumar Arya as an Additional Director (Non-Executive Independent Director) on the Board of the Company to hold office, effective May 27, 2019, till the conclusion of the next Annual General Meeting.