In terms of the applicable provisions of the lncome Tax Act, 1961 ("the Act") as amended by the Finance Act, 2020 any dividend paid or distributed by a Company is taxable in the hands of the members. The Company shall therefore be required to deduct tax at source at the time of making the payment of the dividend, if declared, at the AGM. In this regard, the Company has sent email on 15th September 2021 to the shareholders of the Company. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the copy of said communication.