Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we write to inform you that the Company is in receipt of letter of offer in relation to an Open Offer to the public shareholders (as defined under offer letter) of the Company issued by SBEC Systems (India) Limited (the 'Acquirer') along with Moderate Leasing & Capital Services Limited, A To Z Holding Private Limited, Longwell Investments Private Limited, Mr. Jayesh Modi, Mrs. Kumkum Modi and Mr. Umesh Kumar Modi, as persons acting in concert (PAC) with the Acquirer, for acquiring equity shares of the company as per the Securities And Exchange Board Of India (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011, as Amended ('SEBI (SAST) Regulations')