Board Meeting-Outcome

Intimation of outcome of the Board Meeting held on January 30, 2021, as follows:

1) The Board approved Unaudited Financial Results (both Stand-alone and Consolidated) for the quarter / Nine Months ended 31-12-2020.

2) The Board decided to defer the question of further dividend to the next meeting.

3) With regard to appointment of new Auditors, the Board authorized Dr. A. Velumani, Chairman & Managing Director, Mr. A. Sundararaju, Executive Director & CFO and Mr. G.S. Hegde, Independent Director, to take a decision and report to the Committee / Board at the earliest.