We wish to inform you that the Board of Directors of the Company at its meeting held on Tuesday, 6th September, 2022 has, subject to the approval of the shareholders of the Company in AGM, recommended issue of Bonus Shares to the shareholders of the company by capitalization of reserves in the ratio of 1 (One) bonus equity shares of INR 10.00 each fully paid-up for every 1 (One) existing equity shares of INR 10.00 each fully paid-up (i.e. in the ratio of 1:1) held by the shareholders as on 'Record Date'.
Details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 are as per Annexure A to this letter.
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