MPS Limited informed that the Board of Directors of the Company, at its meeting held on 16 May 2023, have inter-alia, considered and approved: The Board of Directors have recommended a dividend of INR 20 per equity share of face value of INR 10 each for the financial year 2022-23, subject to the approval of the Members at the upcoming Annual General Meeting (AGM) of the Company to be held on 31 July 2023. The said dividend, if approved by the Members at the upcoming AGM, will be paid within 30 days from the date of the AGM. The Register of Members and Share Transfer Books of the Company will remain closed from 24 July 2023 to 31 July 2023 (both days inclusive) for the purpose of the 53rd AGM and payment of dividend, subject to the approval of the Members at the upcoming AGM of the Company.