Results – Financial Results December 31, 2017

With reference to the above captioned subject, the meeting of the Board of Directors of the company held on 13th day of February, 2018 at the Registered Office of the Company and the following businesses have been considered and approved by the Board of Directors of the Company:

1. the Unaudited Financial Results for the quarter and nine month ended 31st December, 2017 along with Limited Review Report as given by the Statutory Auditors;
2. the declaration of Interim Dividend at the rate of 2.50% on the face value of the Equity Share of the Company;
3. the issue of 15,00,000 numbers of Share Warrants on Preferential Basis; and
4. the formation of Borrowing Committee.

In compliance with the provisions of the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby have enclosed the Considered and approved Unaudited Financial Results along with Limited Review Report given by the Statutory Auditors of the Company.