The board of directors of Tribhovandas Bhimji Zaveri Limited at its meeting held on May 24, 2023, recommended a dividend of INR 1.75 per equity share of INR 10 each that is 17.50% for the financial year ended 31 March, 2023 {Previous year: INR 1, that is 10% Dividend). The payment is subject to approval of shareholders at the upcoming Annual General Meeting.