We wish to inform you that the Board of Directors of the Company at its meeting held on 14th February, 2025 inter-alia considered and approved the following: a. Considered and approved setting up of a recycling unit of PET bottles and mixed plastics at Noida. b. Considered and taken note of setting up of new manufacturing facility by wholly owned subsidiary of the Company, viz. Uflex Woven Bags, SA. De. C.V., Mexico.