Outcome of meeting of the Board of Directors of the Company held on 29th July, 2016

The Company has informed BSE that the Board of Directors of the Company at its meeting held on 29th July, 2016, inter alia, has approved:

a) unaudited financial results of the Company for the quarter and half year ended 30th June, 2016; and

b) Declared second interim dividend for 2016 of Rs. 12.00/- per equity shares of Rs. 10/- each to be paid on and from 19th August, 2016.