CARE Ratings Limited announced that at the board meeting held on May 11, 2023 recommended a final dividend of INR 7/- (Rupees Seven only) per equity share of face value of INR 10/- (Rupees Ten only) each for the Financial Year 2023. The said dividend, upon approval by the shareholders, will be paid to shareholders within 30 days of the date of the Annual General Meeting. The Record date for the purpose of payment of Dividend will be July 7, 2023.