This is to inform you that the Company's Board has in its meeting held on 08th March, 2023 approved the following matter: i. Approve the sale of trading division of the Company u/s. 180(1)(a) of Companies Act, 2013 at a price to be determined based on a valuation report by registered Valuer and negotiations with the probable Buyer; ii. Approval the Draft of the Notice, Explanatory statement along with proposed resolutions; iii. Considered and approved the Decide record date [cut off] for sending of Notice and ascertaining the eligibility of the members who are entitled to vote; Cut off date 8th March, 2023 The aforesaid meeting of the Board commenced at 4.00 p.m. and concluded at 4.55 p.m. Kindly take the same on records and acknowledge the receipt.