With reference to the captioned subject, this is to inform you that Board/Committee has given their consent to dispose off 5,25,000 equity shares consisting 70% shareholding in Swastika Insurance Broking Services Limited (WoS which is not materially WoS) to Mr. Sachin Malik, Promoter of 1Click Global Private Limited at price of Rs. 16 each shares subject to approval of appropriate authorities.