Voluntary Delisting of Shares Inter-alia noted that as per the SEBI Delisting Regulations: (a) the Delisting Proposal is required to be approved by the Board and the shareholders of the Company, in accordance with Regulations 8(1)(a) and 8(1)(b) of the SEBI Delisting Regulations, respectively; and The Delisting Proposal is required to be approved by the Board only after obtaining a due diligence report from a merchant banker appointed by the Board in this regard. In view of the above, the Board has taken the following decisions: (a) taken on record the Delisting Proposal Letter; (b) appointment of Vivro Financial SeNices Private Limited, a Category I Merchant Banker registered with the Securities and Exchange Board of India, having reg istration number INM000010122 (the "Merchant Banker"), in accordance with Regulation 8(1A)(ii) of the SEBI Delisting Regulations; and a Category I Merchant Banker registered with SEBI having a Registration Number (c) to authorise certain identified personnel to provide all details and information to the Merchant Banker for carrying out due diligence in terms of Regulations 8(1A)(iii), 8(1A)(iv), 8(1D) and other relevant provisions of the SEBI Delisting Regulations including but not limited to providing the details of trading in shares of the Company for a period of 2 (two) years prior to the date of board meeting i.e. June 3, 2020, by top 25 (twenty-five) shareholders along with the details of off-market transactions of such shareholders for a period of 2 (two) years and obtain any other information that may be required by the merchant banker as it deems fit for completing the due diligence as required in terms of the SEBI Delisting Regulations. After the receipt of the due diligence report from the Merchant Banker, the Board will again meet to discuss the Delisting Proposal in detail.

Inter alia, approved the following: 1. No dividend was recommended by the Board of Directors for the FY 2019-20. 2. Recommended the re-appointment ofMr. Robert Scannell (DIN: 06818489) as Non- Executive Director who retires by rotation at the 31st Annual General Meeting of the Company. 3. Recommended the appointment of Mr. Francesco L'Abbate (DIN: 08063332) as NonExecutive Director at the 31st Annual General Meeting of the Company

Bonus issue Inter alia, to consider and approve : 1.To recommend & approve issue of Bonus shares to the equity shareholders of the Company. 2.To approve the proposal of Migration of Company from SME platform of BSE to Main Board of BSE Limited. 3.To consider the appointment of Internal Auditor of the company. 4.To consider the appointment of Secretarial Auditor of the company. 5.To consider the appoint of Company Secretary & Compliance Officer of the Company.

Inter alia, to consider and approve To consider and approve the appointment of Mr. Vikash Kumar Kamalsingh Chandaliya, as an Additional Director in the category of Independent, Non-Executive Director of the Company .

Inter alia, to consider the following: 1. Appointment of New Company Secretary and Compliance Officer. 2. To discuss any other business with the permission of Chair.

Inter alia, approved the following: 1. Appointed Mr. Ramesh Radhakrishnan an Additional Director( Non Independent NonExecutive) Mr. Ramesh Radhakrishnan (DIN 02608916) has been appointed as an Additional Director (Non Independent Non- Executive) with effect from 2nd June 2020 subject to approval of shareholder of the company at ensuing Annual General meeting. 2. The Board of Directors has recommended final dividend of Rs.2.50 per share, ie 25% on the par value of Rs.10/- per share for the financial year 2019-20, the payment is subject to the approval of the members at the ensuing Annual general Meeting.

Inter alia, to consider and approve appointment of Ms. Kritika Vipinkumar Agrawal as Company Secretary and Compliance Office of the company.

Audited Results Inter alia, for the following items: Appointment of Mr. Vamsi Krishna Potluri as Additional Director

Inter alia, approved the following: 1, Recommended dividend of Rs. 1.00/- per equity share of Rs. 10/- each (10%) for the financial year ended 31st March, 2020. 2. Approved re-appointment of Mr. Ch. Krishna Murthy (DIN: 00030274) as Chairman & Managing Director for further period of 5 years w.e.f. 03.01.2021 till 02.01.2026, inter alia, at such terms and conditions subject to approval of the shareholders at ensuing Annual General Meeting. 3. Taken on record retirement of Mr. T.S. Appa Rao (DIN: 00412492), Independent Director, as his 5 years term will end on 28th June, 2020 and he ceases to be a director of Company w.e.f. 28th June, 2020. 4. Approved the notice of 27th Annual General Meeting of the company to be held on Friday, August 14, 2020 through Video Conference or Other Audio-Visual Means as per the Circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India vide dt 05.05.2020 and 12.05.2020, respectively and if the above recommended dividend is declared at ensuing AGM.

Inter alia the following business: 1. Considered and Approved the appointment of Ms. Misha Soni, (ACS 46977), an associate Member of the Institute of Company Secretary of the India, as Company Secretary and Compliance Officer of the Company.