Pursuant to the applicable Listing Regulations, we hereby inform you that the Board of Directors ('the Board') of the Company at their meeting held on today i.e. 11th December 2023, inter alia approved following: 1. To enter into new Lease Agreements for taking on lease premises at Umbergaon Industrial Park Phase-2, Third floor, Plot No. 101/4, Opp Golden Metal Co., Dehri Road, Umbergaon (West) Pin- 396171 Dist. Valsad Gujrat for shifting operations of present Sanjan Unit situated at Survey No. 573, Shed No. B, C, D, Sanjan-Nargol bypass road, Sanjan, (Gujrat). 2. To Shift/ Lease/Sell Idle plant and equipment not in use at earlier Tarapur Unit and present Sanjan Unit.