Pursuant to Regulation 30 of the Listing Regulations, 2015 read with Schedule III thereto, this is to inform you that the Company, through its wholly owned subsidiary namely Novak Hotels Pvt Ltd, Mumbai has exercised the Buy Option under the Framework Agreement dated 11th August, 2023, as amended, to acquire Hyatt Regency Mumbai hotel from Asian Hotels (West) Ltd, New Delhi.\r\n\r\nThis is for your information and dissemination purpose.