Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, we would like to inform that the Board at its meeting held today i.e 24th August 2023 inter-alia has approved the following matters. 1. Sale of PVP Media Ventures Private Limited, a Wholly Owned Subsidiary of the Company to PV Potluri Ventures Private Limited an entity belonging to the Promoter group. 2. Sale of PVP Global Ventures Private Limited, a Wholly Owned Subsidiary of the Company to PV Potluri Ventures Private Limited an entity belonging to the Promoter Group 3. Sale of 81% stake in New Cyberabad City Projects Private Limited, a material subsidiary of the Company to Picturehouse Media Limited. Disclosures in terms of Regulations 30 of SEBI (LODR) Regulations, 2015 read with SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13 July, 2023 is attached