we wish to inform you that the Board of Directors of the company at their meeting held today, inter alia approved and consider; 1. Audited financial results for the quarterly and Year ending on March 31, 2021. 2. The Board recommended the Dividend of Rs. 0.40/- per equity Share of Rs. 1/- each(i.e.@40%) as final dividend for the Financial Year 2020-2021, Subject to the approval of shareholders in the ensuing Annual General meeting of the Company. 3. The board have discussed the content of the notice and approved subject to approval of shareholders by way of Postal ballot (Voting by electronic means) and fixed June 11, 2021 as cut-off date for ascertaining the eligibility of shareholders for dispatch of postal Ballot notice. 4. The Board has appointed Mr. Gaurang Shah Proprietor of M/s G R Shah & Associates (Membership No. 38703) Company Secretary as scrutinizer for conducting the postal ballot / e-voting process.