1. The Board of Directors at its meeting held today, considered and approved the Audited Financial Results for the quarter and year ended March 31, 2019.The copy of Audited Financial Results along with Auditor's report are enclosed herewith. 2. The Board of Directors of the Company, inter alia, has recommended payment of dividend of Rs.7.5/-(i.e. 7.5% ) per Non-Convertible, Cumulative, Redeemable Preference share, face value of Rs.100/- each for the year 2018-19 and recommended payment of dividend of Re.1/-(i.e. 10%) per equity share, face value of Rs.10/- each for the year 2018-19 subject to approval of the Shareholders at the ensuing Annual General Meeting. 3. Pursuant to Regulation 33 (3) (d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended , we hereby declare that the Auditors of the Company have issued their reports with unmodified (i.e. unqualified) opinion on the Financial Statements for the year ended March 31, 2019.