Pursuant to Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclosed herewith the disclosure of Related Party Transactions on a consolidated basis for the half year ended 30th September, 2020. As your good office is already conversant that the Company is presently undergoing the corporate insolvency resolution process ('CIRP') in terms of provisions of the Insolvency and Bankruptcy Code, 2016 ('Code'), as per the Order of the Hon'ble National Company Law Tribunal, Ahmedabad Bench ('NCLT') dated November 09, 2020. The NCLT has appointed Mr. Ravi Kapoor as the Interim Resolution Professional for the Company ('Interim Resolution Professional') vide its order dated November 09, 2020. The powers of the Board of Directors shall suspended and the management of affairs of the Company shall vest in the interim resolution professional.