Eimco Elecon (India) Limited announced that at the board meeting held on April 24, 2023, the company recommended a dividend of 50% (INR 5/- per equity share) on 57,68,385 fully paid equity shares of INR 10/- each, for the year ended March 31, 2023, subject to the approval of the shareholders at the up coming Annual General Meeting (AGM)of the Company, which shall be paid/dispatched on or before 30 days from the conclusion of AGM.