This has reference to our letter dated February 20, 2017 wherein we have intimated you that the Board of Directors of the Company has approved the buyback of equity shares subject to approval of the members by means of a Special Resolution through a Postal Ballot. The members of the Company have approved the buyback of equity shares and the results of which were announced on April 17, 2017. In terms of Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 9(1) of the SEBI (Buy Back of Securities) Regulations, 1998, we would like to inform you that the Company has fixed Monday, May 8, 2017 as the Record Date for the purpose of determining the entitlement and the names of the Equity Shareholders who shall be eligible to participate in the buyback offer of the Company. You are requested to take the same on record.