This has reference to our intimation (Outcome of the Board Meeting) dated 22nd July 2022, annexed for reference, on investment of an amount of Rs.10,89,200/- in iSpark Learning Solutions Pvt Ltd, for purchase of 1,08,920 newly issued equity shares at face value of Rs.10/- per equity share, which would result in increase in Company's stake in iSpark Learning Solutions Pvt Ltd from 51% to 76%. We hereby inform you that the Company has, in line with the approvals granted by the Board of Directors, completed the purchase of 1,08,920 newly issued equity shares of iSpark Learning Solutions Pvt Ltd, resulting an increase in the Company's stake in iSpark Learning Solutions Pvt Ltd from 51% (pre-acquisition) to 76% (post-acquisition). Request you to kindly take the same on record.