With reference to the above mentioned news published in the Economic Times, we would like to state that the Company, in the ordinary course of the business, keeps exploring various business opportunities with an objective to grow and expand its operations and business. \r\n\r\nPresently, there is no material event / information that requires disclosure under Regulation 30 of the Listing Regulations. \r\n\r\nThe Company has consistently been complying with the provisions of the Listing Regulations and making requisite disclosures in a timely manner and will continue to do so in accordance with the applicable regulations.\r\n