Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, (''LODR''), we wish to inform that at the meeting of the Board of Directors held today (02.02.2022) via video conferencing, the Directors have inter-alia concluded the following: (i) Pursuant to Regulation 33 of LODR, the un-audited financial results for the quarter and nine months ended 31 December 2021, as recommended by the Audit Committee were approved. Please find the enclosed un-audited financial results for the quarter and nine months ended 31 December, 2021 along with the copy of Limited Review Report issued by the Auditors. (ii) Board has approved the variation in terms and conditions of existing unlisted 1,06,46,000 9% Redeemable Cumulative Preference Shares of Rs.10/- issued each to Mercantile Ventures Limited . The intimation is as per the requirement under Schedule III of LODR .