In continuation of our letter dated April 17, 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 Statements (Standalone and Consolidated) for the year ended March 31, 2017 and the Audited Financial Results (Standalone and Consolidated) for the quarter / year ended March 31, 2017, as recommended by the Audit Committee. (ii) Recommended a Dividend of Rs. 11/- (Rupees eleven only) per equity share of Rs. 10/- each for the financial year ended March 31, 2017. Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose the following: (i) Statements showing the Audited Financial Results (Standalone and Consolidated) for the quarter / year ended March 31, 2017; and (ii) Auditors' Report on Audited Financial Results - Standalone and Consolidated The Report of Auditors is with unmodified opinion with respect to the Audited Financial Results (Standalone and Consolidated) of the Company for the quarter / year ended March 31, 2017. The meeting of the Board of Directors commenced at 3:00 p.m. and concluded at 4:45 p.m. We shall inform you in due course the date on which the Company will hold Annual General Meeting for the year ended March 31, 2017 and the date from which dividend will be paid or warrants thereof will be despatched to the shareholders.