Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 ('Listing Regulations'), it is informed that the Company has executed today i.e., 20th January 2023, a Joint Venture Agreement with MAS Amity Pte. Ltd. for incorporation of a Private Limited Company in India for undertaking business of design, development and manufacture of intimate apparel and apparel related products.