Pursuant to the applicable provisions of the Companies Act,2013 and pursuant to the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, ('SEBI LODR Regulations') we hereby inform you that the Board of Directors of the Company have given their consent to enter into Lease Agreement with GIIO INDUSTRIES For a period of 5 Year(s). The Lease premises is situated at Revenue Survey No.369, Vadavswami, Gandhinagar, Gujarat-382721, for the industrial/ Commercial purpose to carry on the manufacturing activities of Wax Chemicals, Intermediates, Plastic Chemicals and other equivalent products with monthly rent as per below schedule.