Nera Telecommunications Ltd. at its AGM held on April 18, 2018, proposed final dividend (tax exempt one-tier) of 1.5 cents per ordinary share for the financial year ended 31 December 2017. Members whose securities accounts with The Central Depository (Pte) Limited are credited with shares at 5:00 p.m. on 9 May 2018 will be entitled to the proposed final dividend. Payment of the proposed dividend, if approved by the shareholders at the Annual General Meeting, will be paid on 25 May 2018.

The company announced retirement of Mr. Ashish Jaiprakash Shastry as a Director of the Company pursuant to Article 87 of the company's Constitution. Mr. Ashish Jaiprakash Shastry has indicated that he will not be seeking re-election as Director of the company and will retire at the conclusion of the
AGM. Upon Mr. Ashish Shastry's retirement, he will cease as a member of Nominating Committee.