Investment & Precision Castings Limited announced that the Board has recommended dividend of 12.5%, INR 1.25 per equity share on equity shares of INR 10 each, (including one-time special dividend of INR 0.75 per equity share of INR 10 each) subject to approval of members at the upcoming Annual General Meeting. The dividend will be paid /dispatched within 30 days of the Annual General Meeting.