Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we would like to inform you that the Company has entered into an Asset- Purchase agreement with the Lofbergs Group for the acquisition of various brands 'Percol', 'Plantation Wharf', 'Rocket Fuel', Percol Fusion', 'The London Blend' and 'Perk Up', registered at UK, for a consideration of PS 550,000 (Five Hundred Fifty Thousand Pounds Only). A press release in respect of the same to be released shortly is enclosed herewith. This is for your information and necessary records.