Further to our earlier intimations dated January 08, 2022 and May 16, 2022 on the subject, we wish to inform you that the Company has completed the sale of its entire shareholding in its subsidiary, Equitas Technologies Private Limited (ETPL) on July 5, 2022, thereby complying with the condition stipulated by RBI as part of its No Objection letter dated May 6, 2022 for amalgamation of the Company with ESFBL, to divest its entire shareholding in ETPL. Consequently, ETPL has ceased to be the subsidiary of the Company.