Board Meeting
In terms of Regulation 30 and 33 of SEBI LODR Regulations, 2015, this is to inform you that the Board of Directors of the Company at its meeting held on 22/01/2024 have inter alia considered and approved the following: 1. Unaudited Financial Statements (Standalone and Consolidated) of the Company for the quarter and nine months ended 31/12/2023 along with the Limited Review Report thereon. 2. Consider dividend at the rate of 7% on Unlisted Non-Cumulative Non-Convertible Redeemable Preference Shares issued earlier. 3. Redemption of upto 2,00,00,000 7% Non-Cumulative Non-Convertible Redeemable Preference Shares of face value Rs. 10/- in one or more tranches (earlier issued at Rs. 50/- each including a premium of Rs. 40/ each) at a price of Rs. 65/- each including a premium of Rs. 55/- each aggregating upto Rs. 130,00,00,000/-. The Board Meeting commenced at 4:15 p.m. and concluded at 5:50 p.m.