1.The Board of Directors are pleased to inform the shareholders that the Board has approved the proposal to demerge its infrastructure and civil construction business of the Company with M/s DK Infrastructure Pvt Ltd. (DKIPL) 2.Appointment of Mr. Ritesh Patel (DIN: 00700189), aged 37 years, graduate and has been overlooking business operations of Sadhna group of companies. He has overall experience of 13 years in the field of Real Estate, Financial planning and construction management as Managing Director of the Company in accordance with the provisions of Companies Act, 2013. 3.Appointment of Mr. Akash Patel (DIN: 06839168), aged 32 years a graduate and is currently engaged in general business management, marketing management and compliance management of sadhna group of companies. He has overall experience of 11 years in the field of general business management as Chief Financial Officer of the Company in accordance with the provisions of Companies Act, 2013. 4.Further due to disqualification under Section 164 of the Companies Act, 2013, resignation of Mr. Harshad Patel (DIN: 00700145), Director of the Company is accepted by the Board.