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| Exchange Received Time 16/05/2018 16:15:56 Exchange Disseminated Time 16/05/2018 16:16:03 Time Taken 00:00:07 | Dear Sir,
We wish to inform you that pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of the Company at their meeting held on 16 May 2018, inter alia, have considered and approved the following:
Recommendation of payment of final dividend of Rs. 2.3/- per equity share of the face value of Rs. 2/- each for the financial year ended 31 March 2018, subject to approval of the members at the Annual General Meeting.
Thanking you
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