Pursuant to Regulation 30 of SEBI( Listing Obligations and Disclosure Requirements) Regulations, 2015 and relevant amendments thereto, we wish to inform you that, the Company on October 04, 2025, has executed a Memorandum of Understanding ("MoU") with Kores Group to incorporate a New Company in a form of Joint Venture in Halol,Gujarat. Kindly take the same on your record.