Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are glad to inform you that the Company has taken on lease a Manufacturing unit for a period of seven years with effect from December 09, 2021 from M/s. Arihant Phosphates & Fertilizer Ltd. The Plant is located at Nimbahera in the district of Chittorgarh, Rajasthan which is bordering the State of Madhya Pradesh and has a Manufacturing Capacity of 66,000 metric tonnes per annum (MTPA) of Single Super Phosphate (Powder & Granulated) which would enhance our total aggregate existing manufacturing capacity to 6.98 lacs metric tonnes per annum (MTPA). It is an operational plant and this leasing would help to start the production on immediate basis which would cater to the pressing demand of our products. This strategy of taking the manufacturing plant on lease would help in improving the overall turnover and profitability of the Company.