We wish to inform you that the board of directors of the Company (the 'Board') at its meeting held today has approved the audited financial results of the Company for the quarter and year ended March 31, 2023. We would like to confirm that the statutory auditors of the Company have issued Audit Report with unmodified opinion on these financial results. We wish to further inform you that the Board at its meeting held today has recommended a final dividend of Rs. 20.00 per equity share of face value of Rs. 10/- each for the financial year ended March 31, 2023.