Pursuant to Regulation 30(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that the Board of Directors of the Company at their meeting held on 22nd June 2021 inter alia has recommended a final dividend of Rs.1.20/- per equity share (120%) of Rs.1/- each fully paid-up for the financial year 2020-21 subject to approval by the shareholders in the next Annual General Meeting of the Company.