The board of directors of Sutlej Textiles and Industries Limited at their meeting held on May 5, 2023, considered and recommended a dividend of INR 1 (100%) per equity share of INR 1 each for the financial year ended 31, March, 2023, subject To Approve the shareholders at the upcoming 18th AGM of the Company will be held on 21 August, 2023. The dividend, if approved by the shareholders shall be paid within the prescribed time after the conclusion of the upcoming 18th AGM. The Company has fixed 18 August, 2023 as the Record Date for determining entitlement of members to dividend for the financial year ended 31st March, 2023.

If the dividend as recommended by the Board of Directors at its meeting held on 05th May, 2023, is approved by the members at the AGM, payment of such dividend will be made on or after 26th August, 2023.