Please be informed that the Board of Directors at its meeting held today i.e. Thursday, 18th January, 2024, has inter alia considered and approved the following: 1) Un-audited Standalone and Consolidated Financial Results of the Company for the Quarter and Nine Months ended 31st December, 2023 along with the Limited Review Report issued by the Statutory Auditors of the Company (Enclosed). 2) Based on the recommendation of the Nomination and Remuneration Committee, the Board considered and approved the re-appointment of Mr. Ranaveer Sinha (DIN - 00103398), as an Independent Director of the Company for second consecutive term of five years commencing form 2nd February, 2024 upto 1st February, 2029, subject to shareholders' approval. 3) Approved the Postal Ballot Notice. 4) Approved Sale of land measuring 5.81 acres alongwith Building from Mal Metalliks Private Limited, Step Down Subsidiary, to Ramkrishna Forgings Limited.