Pursuant to Regulation 30 of SEBI LODR Regulations, 2015, as amended, we are hereby informing the exchange that, ILJIN Electronics (India) Private limited, the material subsidiary of the Company and Korea Circuit Co. Limited, a Pioneer of Printed Circuits Boards, based out of Korea have entered a Joint Venture Agreement on 15 October 2024, to carry on the business of Production, Manufacturing, Assembling and Selling of HDI, FLEX and Semiconductor Substrates PCBs.