Pursuant to the compliance with Regulation 30 read with Part A of Schedule III of the Securities and\r\nExchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015\r\n(including any statutory modification(s), amendment(s) or re-enactment(s) thereof for the time being\r\nin force), We would like to inform you that the BLS International FZE, Wholly owned subsidiary of the\r\nCompany has acquired 100% share capital of BLS INTERNATIONAL LLC, a company incorporated under\r\nthe law of the Republic of Armenia. Consequent to such acquisition, it will become a Wholly Owned\r\nStep Down Subsidiary of the Company ('SDS-WOS').