We hereby wish to inform that the Board of Directors of the Company at their meeting held today i.e. July 17, 2023 had considered and approved the following: (a) Appointment of Mr. Shanil Jain as Chief Financial Officer and Key Managerial Personnel of the Company, in terms of the provisions of the Companies Act, 2013, SEBI (LODR) Regulations, 2015 and other applicable laws and regulations, with effect from July 17, 2023. (b) Authorisation to determine materiality of information and disclosures to the Stock Exchange(s). (c) The Registered and Corporate Office of the Company to be shifted with effect from August 1, 2023. (d) Surrender of Certificate of Registration as a housing finance institution to the National Housing Bank and in-principal approval for voluntary liquidation of the Company, subject to requisite permissions, sanctions and approvals.