Tamboli Capital Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 13, 2020, inter alia, have recommended payment of dividend @ Rs. 0.50 per share i.e. 5% on 99,20,000 equity shares of the Company of face value Rs.10/- each for F.Y.2019-2020, subject to the approval of members in their Annual General Meeting.