The board of directors of Nicco Parks & Resorts Limited, at its AGM held on May 29, 2023, recommended Final Dividend at the rate of 50% (INR 0.50 per share) on the face value of the equity shares (INR 1.00 face value) of the company for the financial year ended 31st March, 2023, which shall be paid subject to the approval of the members at the upcoming Annual General Meeting of the Company.