HIL Limited announced that the Board of Directors of the company at their meeting held May 15, 2023, inter-alia, considered and: Recommended a final dividend of INR 25 (i.e. 250%) per equity share of INR 10/- each for the financial year ended March 31, 2023, subject to the approval of shareholders at the upcoming Annual General Meeting (AGM) of the company. The said final dividend if approved by the shareholders, shall be paid/dispatched to the shareholders within 30 days from the date of declaration.