This is with reference to the captioned subject, we wish to inform you that the Board of Directors of the Company at its Meeting held today, i.e. on May 22, 2023, has inter alia: 1.Considered, approved and taken on record the audited financial results as per IND - AS for the quarter and year ended 31st March, 2023 in terms of Regulation 33 of (Listing Obligations and Disclosure Requirements) Regulations, 2015; and 2.Recommended dividend of 50% ( Rs 5.00 per fully paid up equity share of Rs. 10/- each) for the year ended 31st March, 2023 subject to the approval of shareholders at the ensuing Annual General Meeting of the Company.