Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, please be informed that the Company has disposed / transfered 5% (41,715) of its equity shareholding in its Subsidiary Company, M/s. Vega Music Private Limited to M/s. Ravikaanth Portfolio Services Private Limited on 12th October, 2023. Consequent to the aforesaid disposal / transfer of shares, M/s. Vega Music Private Limited, bearing CIN: U92190TG2011PTC075768, ceases to be a subsidiary of the Company.