BMW Industries Ltd. announced that at its board meeting held on August 10, 2023, approved Amended Dividend Distribution Policy of the Company pursuant to Regulation 43A of
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. In terms of the amendment, and subject to the parameters/circumstances given in the said revised Dividend Distribution Policy, the Board would endeavor to maintain a dividend payout in the range of 15-20% of the Company's Profit After Tax on standalone financials.