Dear Sir, In continuation to our earlier communication dated 26th August, 2020, this is to inform you that the Company has formally closed its operation at its manufacturing unit at Plot No. 6, Bommasandra- Jigani Link Road, Bommasandra, Bangalore, Karnataka-560099 and retrenched all workers/staffs, w.e.f. 15th March, 2021. Necessary communication have been made to government departments. Further, the company has sold the industrial property of the above said unit situated at the above location to M/s. Minox Metal Pvt. Ltd.; other information in this regard as per continuous disclosure requirements in terms of SEBI circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015, are provided separately in Annexure - 1.