Ultramarine & Pigments Limited recommended payment of dividend of INR 5.00 (Rupees five) per equity share of the face value of INR 2/- (Rupees two) each for the financial year ended 31't March, 2021, subject to approval of shareholders at the upcoming 60th Annual General Meeting (AGM). The Company has fixed 8th July, 2020 as the Record Date for determining entitlement of members to the dividend for the financial year ended 31't March 2021.