Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Board of Directors at their meeting held today i.e. Monday, September 18, 2023 at registered office of the company have inter-alia discussed regarding the sale of its non-core asset, bearing Industrial land (1,09,000 sq mt) situated at Sihora, Nagpur, Maharashtra, as per the Letter of Interest (LOI) shared by the interested companies which expressed their interest for purchasing the aforesaid Industrial Land of the Company. Further, the company shall intimate regarding the finalisation of deal and agreement with the interested companies in due course in terms of the requirement of Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.