Dividend Policy

The Board of Directors has recommended a new, progressive dividend policy with dividends expected to grow by at least 10% per annum on a dividend per share basis over the next five years (2024-2028). Moreover, the Board of Directors, at its discretion, may decide to distribute additional dividends over and above the progressive dividend policy. As per the policy, dividends are expected to be paid semi-annually with interim dividend paid in the second half of each fiscal year and the final dividend paid to shareholders in the first half of the following fiscal year.