Pursuant to the provision of the Regulation 30 and 33 of the SEBI (LODR) Regulation, 2015, as amended, we wish to inform you that the Board of Directors of the Company at its Meeting held today on Saturday, 13th May, 2023 has approved the following: 1. Audited Standalone and Consolidated Financial Results of the Company for the quarter and year ended 31st March, 2023 along with the Auditors Report thereon. 2. A dividend of Rs. 1/- ( @ 100%) per equity shares of Rs. 1/- each for the financial year ended 31st March, 2023, subject to approval of the shareholders at the ensuing Annual General Meeting. 3. The board, on recommendation of the Nomination and Remuneration Committee, has subject to the approval of the members and such other approvals as may be required, approved the re-appointment of Mr. Sajal Jain, as Managing Director and Chief Financial Officer of the Company for a further period of five (5) years w. e. f. 27th May, 2023 as the present term expires on 26th May, 2023.