Hercules Hoists Limited at its AGM held on August 10, 2021 recommended payment of dividend of INR 1.50 per Equity Share of INR 1.00 each for the year ended March 31, 2021 as against INR 1.80 per Equity Shares of INR 1.00 each in the previous year. The Register of Members and the Share Transfer Books of the company will remain closed from August 3, 2021 to August 10, 2021 both days inclusive. Payment of Dividend, if sanction and subject to deduction of tax at source, will be made after August 10, 2021.