Dear Sir/Madam, Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we hereby inform you that Sion Investment Holdings Pte Limited (''Sion''), promoter of the Company, has today sold 41771975 equity shares (representing approximately 26.66% of the total issued and paid-up equity share capital) through Block Deal on exchange platform. Post the aforesaid transaction, the shareholding of Sion in the Company has become Nil.