The Board of Directors of HB Stockholdings Ltd. at its meeting held on May 18, 2022 recommended dividend at the rate of INR 1 per equity shares (10%) for the he Financial Year 2021-22 subject to the approval of the members in the ensuing 35th Annual General Meeting of the Company. The dividend will be paid/dispatched to the eligible shareholders of the Company registered in the Register of members of the Company as on the record date to be decided, within 30 days from the conclusion of the 35th Annual General Meeting. The Record date for payment of dividend and the date and time of the 35th Annual General Meeting will be intimated in due course.