Everest Industries Limited announced that at its board meeting held on May 29, 2020, recommended payment of Dividend of INR 1 per equity share that is 10% on equity shares of face value of INR 10 each for the financial year ended March 31, 2020. The above dividend, if declared by the members of the Company at the ensuing Annual General Meeting will be credited/dispatched within 30 days from the date of Annual General Meeting.