Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we hereby inform you that IL JIN Electronics (India) Private Limited (\IL JIN\), a material subsidiary of the Company, has further indirectly acquired ordinary shares of Unitronics (1989) (R\G) Ltd. through ILJIN Holding Ltd, an Israel based wholly owned subsidiary of IL JIN, in one or more tranches.