Please note that in accordance with the provisions of the Income Tax Act, 1961, dividend paid on or after 1st April, 2020, is taxable in the hand of shareholders and the company is required to deduct tax at source (''TDS'') from dividend paid to the shareholders at the applicable rates. In this regard, please find enclosed herewith email communication which has been sent to the concerned shareholders of the company, today, i.e., 28th August, 2023, regarding deduction of TDS on dividend payout, if approved by the members at the ensuing 142nd Annual General Meeting of the company. The communication is sent to those shareholders whose email ID is registered with the company/depositories. The annexures of the communication are also available on the website of the company. Please take the above on your record.