Page 220 - Index

Consolidated
43. Dividend
Details of dividend paid on equity shares are as under:
Particulars Year ended
December 31, 2024
(C lakh)
Year ended
December 31, 2023
Final dividend for the year 2023 (Previous year: 2022) C 28 per equity share of C 1
each (Previous year: C 23 per share)
20,473 16,808
Interim dividend for the year 2024 (Previous year: 2023) C 30 per equity share of C 1
each (Previous year: C 26 per share)
Total 42,412 35,816
21,939 19,008
The Board of Directors at its meeting held on February 10, 2025 have recommended a payment of final dividend of
C 26 per equity share of face value of C 1 each for the financial year ended December 31, 2024. The above is subject to
approval at the ensuing Annual General Meeting of the Company and hence is not recognised as a liability.
44. Additional regulatory information required by schedule III
i) The Group does not have any benami property held in its name. No proceedings have been initiated on or are
pending against the Group for holding benami property under the Benami Transactions (Prohibition) Act, 1988
(45 of 1988) and Rules made thereunder.
ii) iii) iv) v) vi) vii) viii) ix) x) The Group has not been declared wilful defaulter by any bank or financial institution or other lender or government
or any government authority.
The Group has complied with the requirement with respect to number of layers as prescribed under section 2(87)
of the Companies Act, 2013 read with the Companies (Restriction on number of layers) Rules, 2017.
The Group has not traded or invested in crypto currency or virtual currency during the year.
The Group did not have any transactions with companies struck off under Section 248 of the Companies Act, 2013
or Section 560 of Companies Act, 1956 during the year.
The Group does not have any charges or satisfaction which is yet to be registered with ROC beyond the
statutory period.
The Group has not been sanctioned working capital limits by banks or financial institutions on the basis of security
of current assets at any point of time during the year.
No funds have been advanced or loaned or invested (either from borrowed funds or securities premium or any
other sources or kind of funds) by the Group to or in any person(s) or entity(ies), including foreign entities (‘the
intermediaries’), with the understanding, whether recorded in writing or otherwise, that the intermediary shall,
whether, directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by
or on behalf of the Group (‘the Ultimate Beneficiaries’) or provide any guarantee, security or the like on behalf the
Ultimate Beneficiaries.
No funds have been received by the Group from any person(s) or entity(ies), including foreign entities (‘the Funding
Parties’), with the understanding, whether recorded in writing or otherwise, that the Group shall, whether directly
or indirectly, lend or invest in other persons or entities identified in any manner whatsoever by or on behalf
of the Funding Party (‘Ultimate Beneficiaries’) or provide any guarantee, security or the like on behalf of the
Ultimate Beneficiaries.
The group has not revalued its property, plant and equipment (including right of use assets) or intangible assets
or both during the current or previous year.
218 Annual Report 2024