We wish to inform you that the Board of Directors of the Company at their meeting held today, i.e., Wednesday, 18th June 2025, inter-alia, considered and approved to sell, lease or otherwise dispose off the land and building situated at ''Elgi Towers'', P.B NO: 7113, Green Fields, Puliakulam Road, Coimbatore - 641045, Tamil Nadu subject to the approval of the shareholders by means of Special Resolution under Section 180(1 )(a) of the Companies Act, 2013 read with Regulation 37A of the Listing Regulations and such other requisite consent and approvals as may be required in this regard.