1. The Board by passing a unanimous resolution approved the acquisition of M/s Rightfest Hospitality LLP. The detailed disclosure as required under Regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 has been provided under Annexure I. 2. The Board authorised Mr. Mohan Babu Karjela (DIN: 08570948), Chairman and Director, to analyse, evaluate, and take an appropriate decision on behalf of the Company regarding the potential acquisition of a majority stake in Blackstone Management LLC. Mr. Mohan Babu Karjela has been empowered to negotiate investment terms, and conclude the transaction in consultation with legal, financial, and strategic advisors