Deepak Nitrite Limited at its board meeting held on May 11, 2023, recommended, for approval by the shareholders, a dividend of INR 7.50 being 375%, per equity share for the year ended March 31, 2023 on 13,63,93,041 equity shares of face value of INR 2 each. The dividend, if approved by shareholders at the upcoming Annual General Meeting will be paid within 30 days from the date of AGM.