Tamboli Capital Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 07, 2022, inter alia, have recommended payment of dividend @ Rs. 1.00 per share i.e.10% on 99,20,000 equity shares of the Company of face.value Rs. 10/- each for F.Y.2021-2022, subject to the approval of members in their Annual General Meeting.