Pursuant to Regulation 30 of the SEBI LODR Regulations, 2015, we would like to inform you that, the Board of Directors at their meeting held today i.e. Monday, March 13, 2023, commenced at 5.45 p.m. and Concluded at 6.20 p.m., at the registered office of the Company, interalia considered and approved the investment in Rishabraj Estate Developers Private Limited ('REL') (Group Company) engaged into Real Estate by way of subscribing to and / or investing upto Rs.18 Crores (Rupees Eighteen Crores only) by way of acquiring Equity Shares. The required disclosure in terms of regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 ('Listing Regulations') read with SEBI Circular No. CIR/ CFD/CMD/4/2015 dated September 09, 2015 are enclosed as Annexure-A.