Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company has, at its meeting held today i.e. on May 27, 2022, recommended a dividend of Rs. 5 (Rupees Five only) per equity share of Re. 1 each for the year ended March 31, 2022. The dividend, if approved by the shareholders at the ensuing Annual General Meeting of the Company, will be paid/ despatched on or before September 7, 2022. We request you to take the same on record.