This is further to our earlier communication dated July 29th, 2020 regarding approval of the Scheme of Amalgamation between Proaim Enterprises Limited (First Transferor Company); Axon Ventures Limited (Second Transferor Company); Rockon Enterprises Limited (Third Transferor Company) With Banas Finance Limited (Transferee Company) ("Scheme"), wherein we had informed that the Hon''ble National Company Law Tribunal, Mumbai Bench ("NCL T MUMBAI") has passed an order on July 29, 2020, inter alia, sanctioning the Scheme.