Pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of the Company, at its meeting held today, i.e., 9th August, 2023, inter alia, considered and approved Unaudited Financial Results for the Quarter ended 30th June, 2023 and also approved the Orient Paper& Industries Limited (OPIL) Employee Stock Option Scheme - 2023 ('ESOP Scheme'), pursuant to Section 62 and other applicable provisions, if any, of the Companies Act, 2013 and SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 ('SBEB&SE Regulations'), subject to the approval of the shareholders of the Company.