Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (LODR) Regulations, 2015, Board of Directors of the Company at their meeting has approved the sale of the non-agricultural land of the Company, held on lease, admeasuring 10667.52 sq. mtrs carved out from Final Plot No. 98, of Town Planning Scheme No.7 (Anjana) situated within the limits of Surat Municipal Corporation, Taluka Surat City, District Surat, as a going concern on slump sale basis, to Samprati Buildcon Private Limited ('Buyer'), a Company registered under the Companies Act, 2013 having its registered office at Shop No. 228, Exceluss Business Space, Opp. Mosima, Bhimrad Canal Road, Surat, Gujarat-395007, India for a lumpsum consideration of Rs. 60 Crores as per the terms and conditions mentioned in the Agreement for Sale executed between the Company and Buyer dated 4th March, 2025.