This is to inform you that pursuant to Regulation 30 read with part B of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board at its meeting held yesterday i.e. Friday, 10th March, 2023 which commenced at 04.00 P.M. and concluded at 05.00 P.M. inter alia, considered and approved the draft notice of the Postal Ballot to be conducted under the provisions of section 108 and 110 of the Companies Act, 2013 read with rules 20 and 22 of the Companies (Management and Administration) Rules, 2014, to obtain the approval of the members of the Company by way of a special resolution to sell an asset of the Company (comprising of its Plant and Machinery) under section 180(1)(a) of the Companies Act, 2013. The Postal Ballot Notice shall be published on the website of the Company, on the website of the BSE and in the newspapers, in the prescribed format. The above information is for your record.