We wish to inform you that at the Board Meeting held today i.e. on January 16, 2021, the Board of Directors of Pranavaditya Spinning Mills Limited (the 'Company') approved the Unaudited Standalone Financial Results of the Company for the quarter and nine months ended December 31, 2020. We are enclosing herewith the following: 1. Unaudited Standalone Financial Results of the Company for the quarter and nine months ended December 31, 2020; 2. Limited Review Report issued by M/s. Suresh Kumar Mittal & Co., Statutory Auditors of the Company on Unaudited Standalone Financial Results for the quarter and nine months ended December 31, 2020. Further to our intimation dated August 17, 2020 for leasing of machineries and space to Holding Company, the Board at its meeting held today has also considered Lease of certain machineries to third party(ies), subject to requisite approvals and confirmations.