In accordance with Regulation no. 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we would like to inform you that the Board of Directors of the Company at its meeting held on Thursday, 27th July, 2023, inter alia, as recommended by the Audit Committee and approved by the Board, passed resolutions to authorising investment of funds of Rs. 3.5 Cr over a period of time in a Limited Liability Partnership and appointment of Mr. Jimish Jitendra Sura, Whole-time Director of the Company, to act as a Designated Partner in that LLP, which is having its business office at 'SATVA LIFESPACES', 60 - Bhavna Park Society, VIP Road, Karelibaug, Vadodara - 390018.