This is to inform you that the Board of Directors of the Company in their meeting held on Friday, 11th day of August, 2017 has approved, the sub-division of 1 (one) equity shares of the Company having a face value of Rs. 10/- each fully paid-up into 10 (ten) equity shares of the face value of Rs. 1/- each fully paid-up, subject to the approval of members of the Company in the ensuing Annual General Meeting of the Company and such other necessary approval as may be required.

Kindly treat this as a disclosure under Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015