On June 27, 2023, the company announced that it will propose an Equity Buyback in its meeting of the Board of Directors to be held on July 14, 2023.

On July 14, 2023, the company postponed the Meeting scheduled for July 14, 2023 to July 21, 2023.

In the meeting held on July 21, 2023, the Board of Directors has decided to not to proceed with proposal for buyback of equity shares of the company.