Pursuant to Regulation 30 and other applicable provisions of SEBI (LODR) Regulations, 2015, we would like to inform you that Board of Directors of the Company in its Meeting held on May 14, 2021, have inter-alia, transacted the following businesses:

1. Considered and approved the Audited Financial Results for the Quarter and Financial Year ended March 31, 2021 (Copy enclosed), along with the unmodified Auditor''s Report received from M/s Walker Chandiok & Co. LLP, Statutory Auditors of the Company .

2. Recommended a final dividend of Rs.15/-(Rupees Fifteen Only) per Equity Share (i.e. 150%) having Face Value of Rs 10/- (Rupees Ten Only) each for the Financial Year 2020-2021.

3. Re-appointed Sh. Paurush Roy (DIN: 03038347), as an Independent Director of the Company for another term of 5 years w.e.f. 25.05.2021, subject to the approval of Members at the ensuing Annual General Meeting of the Company.

The Board meeting was commenced at 02.30 P.M. and concluded at 05.15 P.M.