Cravatex Ltd

The Board of Directors of Cravatex Limited at their Meeting held today have :a) approved the audited financial results (standalone & consolidated) statement of assets & liabilities (standalone & consolidated) and cash flow statement (standalone & consolidated) for the financial year ended 31st March 2023 together with Auditors Report (copy attached).b) recommended a dividend of Rs.0.40 per share (4%) each on Non-convertible Cumulative Redeemable Preference Shares (Unlisted) of Rs.10/- each for the financial year ended 31st March 2023 for approval of the members at the forthcoming Annual General Meeting.c) recommended a dividend of Rs.1.50 per share (15%) on Equity Shares (Listed) of Rs.10/- each for the financial year ended 31st March 2023 for approval of the members at the forthcoming Annual General Meeting.