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Outcome of the Buy Back Committee Meeting held on December 15, 2022

Buy Back Committee of the Board of Directors of the Company at the meeting held today i.e. December 15, 2022, which commenced at 11.00 am and concluded at 12.10 pm, inter-alia, approved final Buy Back price of ₹ 1,750/- (Rupees One Thousand Seven Hundred and Fifty Only) per equity share (the “Buy Back Price”) and the aggregate amount of Buy Back upto ₹ 3,000 Million (Rupees Three Thousand Million Only) (the “Buy Back Size”) excluding any expenses incurred or to be incurred for the Buy Back viz. brokerage costs, fees, turnover charges, taxes such as securities transaction tax and goods and services tax (if any), tax on distributed income on Buy Back, stamp duty, advisors fees, filing fees, public announcement expenses, printing and dispatch expenses, if any, and other incidental and related expenses and charges etc. With the Buy Back Price of ₹ 1,750/- (Rupees One Thousand Seven Hundred and Fifty Only) per equity share and the Buy Back Size of upto ₹ 3,000 Million (Rupees Three Thousand Million Only), the total number of shares to be bought back in the Buy Back shall be upto 17,14,285 (Seventeen Lakh Fourteen Thousand Two Hundred and Eighty Five) equity shares representing 3.38 % of the total number of equity shares in the total paid up equity share capital of the Company.

Please click on the link below for the further information submitted to stock exchanges regarding Buy-Back of shares: Outcome of Buy Back Committee Meeting

December 15, 2022
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