Pursuant to second proviso to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company, in their meeting held today, i.e. on 12th May, 2023, at the Registered Office of the Company, which commenced at 10:00 A.M and concluded at 2:10 P.M. has considered and proposed a plan to manage entire Laundry operations (linen as well as washing and dry cleaning) for a Hotel Sahara Star a leading 5-Star Hotel located at Nehru Rd, opp. Domestic Airport, Navpada, Vile Parle East, Mumbai - 400 099 by investing into their in-house laundry and run it''s unit from within the hotel premises for a minimum period of 5 years. Further we inform that on approval from Hotel Management, laundry operations likely to begin within 6 months.