With reference to above subject and in compliance with 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the outcome of the Meeting of the Board of Director held on today i.e. Wednesday March 19, 2025, has considered and approved the incorporation of a wholly owned subsidiary ('WOS') by the name 'MOBAVENUE GLOBAL HOLDINGS LIMITED' in London, United Kingdom.