The board of directors of Dai-ichi Karkaria Limited at its meeting held on May 30, 2023, has recommended dividend of 40% i.e. INR 4 per equity share (previous year nil per share) for the financial year ended March 31, 2023 which shall be paid within 30 days from the date of declaration of dividend in the upcoming 63rd annual general meeting (AGM), subject to approval of shareholders.