the Board of Directors of the Company at its meeting held on 29th May, 2021 inter alia - i) has approved audited standalone and consolidated Financial Results of the Company for the 4th quarter and year ended on 31st March, 2021 and noted Report of Auditor thereon. (copy enclosed) ii) has recommended dividend at the rate of 10% i.e. Rs. 1/- per equity share for the year ended 31st March, 2021 to the shareholders at their forthcoming AGM. iii) Approve appointment of Mr. M R Bhuva as a Managing Director of the Company subject to approval of shareholders (Requisite disclosure pursuant to Regulation 30 of LODR is enclosed as per Annexure) We hereby declare that the Statutory Auditors of the Company, M/s. CNK & Associates LLP, Chartered Accountants has issued audit report with unmodified opinion on the Audited standalone and consolidated Financial Results of the Company for the financial year ended 31st March, 2021. The Board Meeting commenced at 11.00 am and concluded at 3.00 pm.