The Board has approved Re-classification of the Authorised Share Capital i.e. Preference Share Capital into Equity Share Capital, Sub-division (stock split) of every 1 (One) equity share of face value of Rs. 10.00/- each into 10 (Ten) equity shares of the Face Value of Re. 1/- each,, Increase in the Authorized Share Capital, Alteration of the Capital Clause of the Memorandum of Association and date of 90th AGM. Detailed disclosures are enclosed.