Voting Results - issuance of bonus shares

Sub: Regulation 44 of SEBI LODR Regulations, 2015 - Voting Results - Passing of Resolution(s) by Postal Ballot for issuance of bonus shares

The mode of voting was by way of remote e-voting and Postal Ballot Form. Remote e-voting facility was made available to shareholders from Friday, 3rd February, 2017 at 9:00 am (IST) and ended on Saturday, 4th March, 2017 at 5:00 pm (IST). Last Date for receipt of Postal Ballot Form by the Scrutinizer was Saturday, 4th March, 2017.

The results of Postal Ballot were announced on 06.03.2017. Based on consolidated result of remote e-voting and voting by Postal Ballot Form, all the items of business enlisted in Postal Ballot notice were approved by the shareholders with requisite majority. This is in compliance of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.