Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Policy for Determination of Materiality of Events of the Company, we are glad to inform that our Company has entered into Distributor Agreement with SmartCard Marketing Systems Inc. (SMKG) for providing Cloud Services. SMKG, is a specialized industry leader in cloud and mobility applications for the global Paytech and Fintech markets. It is an entrepreneurial boutique providing commercial strategies with a proprietary portfolio of applications and wireframes for Banking, Retail E-Wallets, Digital ID-EKYC, etc. Our Company's extensive reach shall help to increase visibility of SMKG in the channel by aiding partners into banking and Fintech sector, which would thereby benefit both, our Company as well as SMKG, in revenue and margin. Kindly take the above information on record.