We wish to inform you that the Board of Directors of the Company at its meeting held today, have interalia approved the following:\r\ni. To commence the business of real estate development and allied activities, as authorised under sub-clause 3 of Clause III(A) (Main Object Clause) of the Memorandum of Association of the Company; and\r\n\r\nii. To avail Inter corporate Deposits (ICDs), subject to approval of Shareholders:\r\na. From S P Finance and Trading Limited, a related party, up to Rs.25 Crore for F.Y.2026-27 and up to Rs.25 Crore for F.Y.2027-28, both in one or more tranches; \r\nb. From Sanchna Trading and Finance Limited, a related party, up to Rs.25 Crore for F.Y.2026-27 and up to Rs.25 Crore for F.Y.2027-28, both in one or more tranches.\r\nDisclosures under Reg 30 of SEBI (LODR) Regulations, 2015 are annexed & marked as Annexure I and II.