This is in continuation of Company's earlier letter dated May 19, 2022 intimating you about signing of non-binding Term Sheet with a party on May 18, 2022 for development of its land parcel admeasuring about 68.35 acres situated at near Mela Ground, Hisar, Haryana. In this connection the Company has now entered into 'Joint Development Agreement' with the said party for development of aforesaid land parcel on August 11, 2022. This intimation is in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. Further necessary information in respect of aforesaid, as per SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 read with Regulation 30 - Para B of Part A of schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, is enclosed herewith as Annexure -I. This is for your information and records.