In continuation to our letter dated 21st December, 2022 regarding issue of 30,00,000 Equity Shares to identified investors as per the resolution plan approved vide Hon'ble NCLT order dated 15th June, 2022, it is hereby informed that a meeting of Board of Director of Sankhya Infotech Limited was held on Friday the 3rd day of February,2023 at the registered office of the Company situated at H.No.1-112/63 2nd Floor, W.S. Colony Near Kims Hospital, Kondapur, Hyderabad TG 500049. The Board, inter-alia, along with other business transactions, transacted the following businesses: 1. Approved and allotted 30,00,000 (Thirty Lakh) Equity Shares of INR 10 (Ten) each amounting to INR 3,00,00,000 (Indian Rupees Three Cores) to identified investors upon receipt of full subscription amount. The meeting commenced at 04:00 P.M. and concluded at 04:30 P.M.