In continuation to our letter dated April 20, 2017, we wish to inform you that the Board of Directors of the Company, at its meeting held today has: (i) Approved the Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2017. (ii) Recommended a Dividend of Rs. 11.50/- (Rupees Eleven and Fifty Paisa only) per equity share of face value of Rs.10/- each fully paid up i.e. 115% (One Hundred and Fifteen percent) for the financial year ended March 31, 2017, which will be paid to the shareholders within 30 days of declaration of the same.
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