The Board of Directors at its meeting held on 13th January, 2025 have approved to make an investment of upto Rs. 14 crores by way of acquisition of equity shares in Satcom Info Tech Private Limited (''Satcom''). In this regard, the Company will execute a Share Purchase Agreement (''SPA'') with promoters/ shareholders of the Satcom Info Tech Private Limited and the Satcom Info Tech Private Limited for acquisition of the said shares.