We hereby inform you that the Board of Directors of the Company at their meeting held on April 28 2023 inter-alia considered and recommended a final dividend of Re. 1.00 (100%) per equity share of Re. 1/- each for the year ended March 31 2023 subject to the approval of shareholders at the ensuing Annual General Meeting (AGM) of the Company in addition to the interim dividend of Rs.0.50 (50%) per equity share declared earlier during the financial year 2022-23 totalling the dividend amount to Rs. 1.50/-(150%) per equity share of Rs. 1/- each for the financial year 2022-23.