Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company in its meeting held on Monday, the 11th day of April, 2022 at its registered office at Shiv Chamber, 4th Floor, Plot No. 21, Sector - 11, CBD Belapur, Navi Mumbai - 400614, have inter-alia discussed, considered and approved the following: 1. The Board of Directors be and is hereby authorized to make investment in shares or securities, mutual funds etc. or to grant loans or giving of guarantee(s) or provide any security(ies) to any investors/ shareholders at the rate of interest chargeable should be more than the prevailing yield of Government Security closest to the period of the loan; 2. Authorization to Mr. Vikram Bajaj and Mr. Lokesh Patwa, Directors of the company to complete all formalities with regard to above