Grauer & Weil (India) Limited at the SBM, the board has recommended the payments of Dividend is 80% i.e. INR 0.80 per equity share of INR 1 each for the Financial Year 2022-23, to all those Shareholders whose names appears on the Record Date, for Dividend purposes. The dividend on Equity Shares as recommended by the Directors for the financial year ended March 31, 2023, if approved by the members, at the meeting of the Company, will be paid within a period of 30 days from the date of declaration: (a) to those members whose names appear on the Company's Register of Members, after giving effect to all valid shares transfer in physical form lodged with M/s Link Intime India Pvt. Ltd., RTA of the Company on or before August 4, 2023.

(b) in respect of shares held in electronic form, to those `Deemed Members' whose names appear in the statements of beneficial ownership as on August 04, 2023, furnished by National Securities Depository Ltd. (NSDL) and Central Depository Services (India) Ltd. (CDSL).