Eldeco Housing and Industries Limited announced that Board of Directors of the Company at their meeting held May 15, 2023 inter- alia considered and approved the following: The Board considered and recommended a final dividend for the financial year 2022-2023, at the rate of 400% i.e. INR 8/- per equity share of face value of INR 2/- each which shall be paid, subject to the approval of the shareholders in the upcoming Annual General Meeting (AGM) of the Company. The Dividend for the financial year ended March 31, 2023, if declared, at the upcoming Annual General Meeting, will be paid to the shareholders, within 30 days from the date of declaration.