Pursuant to Regulation 30 and 33 of SEBI (LODR) Regulations, 2015, we would like to inform you that the Board of Directors in their meeting held today i.e May 02, 2023 through Video Conferencing ('VC') / other Audio Visual Means ('OVAM') have: 1. Considered and approved the Audited Financial Results (Standalone & Consolidated) for the quarter and year ended March 31, 2023; 2. Recommended a final dividend of Rs. 5.00/- per equity shares (50% of face value of Rs. 10.00 each) for the financial year ended March 31, 2023, subject to approval of Members at the ensuing Annual General Meeting of the Company (AGM). In addition to the final dividend, the Company had declared and paid interim dividend of Rs. 4.00/- per share, i.e total dividend would be Rs. 9.00/- per share for the financial year 2022-23. The dividend, if approved by the Members will be paid after July 31, 2023. 3. Decided to convene 32nd AGM of the Company on July 31, 2023