Pursuant to Part A of Schedule III of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations), we hereby inform you that the Board of Directors of the Company, at its meeting held today, subject to approval of shareholders of the Company by way of Postal Ballot, have considered and approved a related party transactions with the Maharaja Shree Umaid Mills Limited, a Group Company through a Scheme of Amalgamation wherein 4 subsidiaries of the Company namely Anantay Greenview Private Limited, Sarvadeva Greenpark Private Limited, Sishiray Greenview Private Limited and Uttaray Greenpark Private Limited, one associate company namely The Kishore Trading Company Limited and one Group Company namely Virochanaye Greenfield Private Limited ('Transferor Companies') are proposed to be merged with Maharaja Shree Umaid Mills Limited ('Transferee Company') subject to the approval of the Hon'ble NCLT, Kolkata.