Ambuja Cements: Intimation Under Listing Regulations 2015 - Outcome Of Board Meeting

This is to inform you that the Board of Directors of the Company at its meeting held today i.e. on 12th May 2020 which commenced at 2.00 PM and concluded at 2.30 PM has considered and approved the following:
(i) recall of the recommendation for payment of Final Dividend for the year ended December 31 2019 due to significant delay in holding the 37th AGM of the Company due to the spread of coronavirus (Covid-19) pandemic and nation level lockdown; and
(ii) Payment of Interim Dividend at the rate of INR 1.50 per equity share (i.e. 75%) on equity shares of INR 2 each (fully paid-up) for the year ended December 31 2019 (Interim Dividend 2019) which is at the same rate as recommended by the Board as Final Dividend for the approval by the Shareholders at the 37th Annual General Meeting (AGM) of the Company;