This communication is in furtherance to our letter enclosing the Postal Ballot Notice along with the explanatory statement seeking the consent of the members vide postal ballot/electronic voting with respect to the following items of business:\r\n1. Approval of remuneration to Managing Director in the event of loss for the FY 2021-2022: as Special Resolution\r\n2. Approval of remuneration to the Managing Director for a period of three years w.e.f. July 12,2022 till July 11, 2025: as Ordinary Resolution\r\nWe would like to inform you that the resolutions mentioned above have been passed by the members of the Company with requisite majority. The approval is deemed to have been received on the last date of receipt of postal ballot forms, i.e. on Friday, January 27, 2023.