Elecon Engineering Company Limited announced that the Board of Directors of Company have at their meeting held on May 27, 2021 recommended dividend of INR 0.40 per equity share having face value of INR 2 each for the financial year ended March 31, 2021. The dividend, as recommended by the Board, if approved at the upcoming Annual General Meeting, will be paid to shareholders holding equity shares of the Company, either in electronic or in physical form after the book closure dates.