The Board considered and approved the following matters:
- Proposal for sale/transfer/disposal of movable assets that may constitute disposal of substantially the whole of the undertaking of the Company within the meaning of Section 180(1)(a) of the Companies Act, 2013. This is subject to approval of shareholders and other statutory/regulatory approvals as required.
- Entering into proposed Related Party Transaction(s) in connection with the asset disposal transaction, wherever applicable. This is subject to shareholder approval and other applicable approvals under the Companies Act, 2013 and SEBI Listing Regulations.
- Convening an Extra-Ordinary General Meeting of members on Tuesday, 4 August 2026 to seek shareholder approval for the aforementioned matters.
- Approval of the Notice of the EGM together with the Explanatory Statement pursuant to Section 102 of the Companies Act, 2013.
The Notice convening the EGM along with the Explanatory Statement will be circulated to members in due course and made available on the company's website.