Approved redemption of 20,12,500, 6.5% Cumulative Redeemable Preference Shares (CRPS) of Rs.100/- each aggregating to Rs.20,12,50,000/- which constitute 25% of the total preference capital of the Company, at par on 31st March, 2018 being the redemption date as per the terms of CRPS. The Board of Directors has fixed 27th March, 2018 as the Record Date to ascertain the preference shareholders who are entitled for the redemption of their shareholding as required under Regulation 42 of SEBI Regulations.
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