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| Exchange Received Time 23/02/2018 14:57:50 Exchange Disseminated Time 23/02/2018 14:57:59 Time Taken 00:00:09 | At the meeting of the board of directors ('Board') of the Company held on February 22, 2018, the Board has unanimously approved a proposal for the buyback of 13,35,000 (Thirteen Lakh Thirty Five Thousand) equity shares of `5 each representing 1.81% of the total number of equity shares in the paid-up share capital of the Company from the shareholders of the Company in terms of Sections 68, 69, 70 and other applicable provisions, if any, of the Companies Act, 2013 and rules made thereunder and the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 1998, as amended ('Buyback Regulations') ('Buyback').
In compliance with Regulation 5A of the Buyback Regulations, we are enclosing herewith a copy of the board resolution passed at the meeting of the Board on February22, 2018.
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