With reference to our prior intimation dated 01st November,2021, and further update on Board Meeting (scheduled to be held on 15th November,2021) dated 09th November,2021, we wish to inform you that the Board of Directors of the Company, as its meeting held today, i.e.Monday, November 15,2021, has inter alia considered, noted and approved the variation/extension in the terms of issue and redemption of 40,000 10% Non Convertible Redeemable Preference Shares (NCRPS) , in terms of Section 48 and 55 of the Companies Act, 2013 , by a further period of Ten (10) years and redemption of the said shares at any time at the option of the Company, but not later than 10 years from the date of modification of the NCRPS. The Board also approved that the said agenda to be included in the Notice of 50th AGM of the Company for the approval of shareholders and issuance of the corrigendum for the same. The Board Meeting commenced at 03:00 P.M. and concluded at 11:30 P.M.