This is to inform you that the Board of Directors of the Company have been informed by our Promoter, Jasti Property and Equity Holdings Private Limited (in its capacity as sole trustee of Jasti Family Trust), that they have executed a Share Purchase Agreement with Berhyanda Limited, a Cyprus based company on December 26, 2022. Attached please find Press Release of the acquirer. This intimation is also being uploaded on the Company's website at www.suvenpharm.com This is for your information and record.