This is further to our disclosures made on February 2, 2022, in terms of Regulation 30 of SEBI LODR, concerning the proposed sale of land of approx. 8327 square meters situated at 110, Minerva Industrial Estate, Mulund West Mumbai 400080, for the lump sum consideration of Rs.90/- Cr, subject to the fulfillment of certain conditions precedent. In this regard, we wish to inform you that on February 7, 2023, the Company has completed the transfer of approx . 8327 square meters of the said land by executing the necessary Deeds of Conveyance in favour of the Purchaser - Arkade Developers Private Limited, Mumbai for aggregate consideration of Rs. 90 Cr. The entire consideration is received by the Company. The purchaser is not related to promoter/promoter group/group companies and transaction does not fall into related party transactions. We request you to take the above on record.