SAL Automotive Ltd

Dear SirThis is to inform you that the Board of Directors of SAL Automotive Limited in their meeting held today i.e. 26th May 2023 has approved: -1. The Audited Financial Results of the Company for the quarter and year ended 31st March 2023. Copy of the Audited Financial Results along with Independent Audit Report and Declaration with respect to the Audit Report with unmodified opinion to the Audited Financial Results for the year ended 31st March 2023 are enclosed herewith.2. Recommended an Equity Dividend of 40% (Rs. 4 per share) for the financial year ended 31st March 2023. The dividend if declared by the members of the Company will be paid within 30 days of the Annual General MeetingThe meeting of the Board of Directors of the Company commenced at 1:00 P.M. and concluded at 3:05 P.M.Kindly take note of the same on your records.Thanking YouYours FaithfullyFor SAL Automotive LimitedGagan Kaushik(Company Secretary) F8080