Further to our intimation dated 28th April, 2025 and pursuant to Regulation 30 read with Schedule III of the Listing Regulations, this is to hereby inform that the Board of Directors at its Meeting held on 15th May, 2025 had looked into and analysed/deliberated with respect to the compliance of Consolidated Guidelines on general principles and mechanism for Capital Restructuring of CPSEs bearing Office Memorandum no. F.No. 5/2/2016-Policy dated 18th November, 2024 issued by Ministry of Finance, Department of Investment and Public Asset Management and has decided not to recommend the issue of Bonus Shares.