Praj Industries Limited informed that the Board of Directors of the Company at its meeting held on 25th May, 2023, has recommended a dividend of INR 4.50 per equity share of face value of INR 2 each, subject to approval of Shareholders at 37th Annual General Meeting The said dividend, if approved by the shareholders, will be paid within 30 days from the date of approval of the same by the shareholders at the ensuing Annual General Meeting of the Company.