Outcome of the Board Meeting: Approval of Audited Financial Results for 2016; recommendation of final dividend of Rs 23.00 per equity share of Rs. 10.00 each and 58th Annual General Meeting on 11th May, 2017.

The Company has informed BSE that the Board of Directors in its meeting held on 15th February, 2017 have
a) Approved the Audited Financial Results for the year ended 31st December, 2016;
b) Recommended final dividend for the year 2016 of Rs. 23.00 (Rupees twenty three only) per equity shares of Rs.10.00 each;
c) Approved convening of 58th Annual General Meeting of the Company on 11th May, 2017.
The Register of Members & Share Transfer Books of the Company will remain closed from 23rd May, 2017 to 24th May, 2017 (both days inclusive) for the purpose of Annual Closing and determining entitlement of the shareholders to the final dividend for the year 2016.
The Final Dividend for the year 2016, if approved by the Shareholders at the 58th Annual General Meeting, shall be paid on and from 2nd June, 2017.