Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we wish to inform you that the Board in its meeting held on 03rd August 2024 have approved the following: 1. Investment of up to Euro 1,53,000 in equity shares of SIA ZIM Laboratories Limited, WOS 2. Incorporation of subsidiary of ZIM Laboratories FZE (WOS). Post investment the newly incorporated subsidiary will be the step-down subsidiary of the Company