ELECTROSTEEL CASTINGS LTD. - Corporate Action-Board to consider Dividend

Pursuant to Regulation 30 and other applicable Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (''Listing Regulations''), please be informed that the Board of Directors, at its meeting held today, has, inter-alia, recommended a dividend of Rs. 0.80 (80%) per Equity Share of face value of Re. 1/- each for the Financial Year ended 31 March, 2022, to the shareholders of the Company for their approval at their ensuing Annual General Meeting. The dividend for the Financial Year ended 31 March, 2022, if any, declared by the shareholders at the ensuing Annual General Meeting will be paid to the shareholders after the Annual General Meeting, within such time period as required under the law.