Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform that the company has emerged as Lowest Bidder (L1) for a Government project worth INR 1,364.47 Crores (excluding GST) of 'Construction of State of the art High Rise Office Building' at Surat, Gujarat for Surat Municipal Corporation. Further, we hereby confirm that none of the Directors/Promoters/Promoter Group/Group Company have any interest in the entity/entities inviting tender and it does not fall within the purview of Related Party Transactions.