Vinyl Chemicals (India) Limited announced that at the board meeting held on May 4, 2023 the Board recommended payment of Special Dividend of INR 5 per equity share (previous year INR 10 per equity share comprising of Normal Dividend of INR 5 per equity share and a Special Dividend of INR 5 per equity share) aggregating to INR 18,33,71,110 (Previous Year INR 18,33,71,110) on 1,83,37,111 equity share of INR 1 each. Subject to the approval of the shareholders at the 37th Annual General Meeting (AGM), the above dividend will be paid to the eligible shareholders, whose names appear in the Register of Members of the Company on the date of AGM to be held on 8 August, 2023, on or after 14 August, 2023. In respect of shares held in electronic form the dividend will be payable on the basis of beneficial ownership as on 26 July, 2023 as may be furnished by the depositories to the Company.