Hikal Limited at its Board of Directors meeting held on May 06, 2016, has declared a interim dividend for the financial year 2015-16 on equity share capital at 25%, that is INR 0.50 per equity share, nominal value of INR 2 each. The Board has also recommended final dividend for the financial year 2015-16 on equity share capital at 25%, that is INR 0.50 per equity share of nominal value of INR 2 each, aggregating to dividend of 50% that is INR 1.00 per equity share, including interim dividend of INR 0.50 per share 25%, subject to the approval of shareholders in the ensuing Annual General Meeting.