Board Meeting-Outcome

Intimation about decisions taken at the Board Meeting held on May 09, 2017, about approval of the Audited Financial Statements (both Stand-alone and Consolidated), Granting of Stock Options to the Employees for the FY 2016-17 and recommending a final dividend of Rs.5/- per share, which is in addition to the interim dividend of Rs. 5/- already paid. With this, the total dividend for the year would be 100%.