In compliance with Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ('SEBI Listing Regulations') we write to inform you that following the review and recommendation of the Audit Committee, the Board of Directors of the Company at its meeting held on 10th January, 2022 has considered and approved the Scheme of Amalgamation of Titagarh Bridges and International Private Limited (Transferor Company - wholly owned subsidiary of the Transferee Company) with the Company (Transferee Company) ('the Scheme') pursuant to Sections 230 to 232 of the Companies Act, 2013 with April 01, 2021 as the Appointed Date, subject to such approvals as may be necessary including the requisite disclosure to SEBI/Stock Exchanges and sanction by the Hon'ble National Company Law Tribunal. Further to our communications on the captioned subject, we hereby inform that the Hon'ble National Company Tribunal, Kolkata Bench has sanctioned the Scheme of Amalgamation between Titagarh Bridges and International Private Limited, wholly owned subsidiary of the Company with the Titagarh Wagons Limited vide its order dated 26th October, 2022 with the appointed date for the above Scheme as 1st April, 2021. A certified copy of the aforesaid order dated 26th October, 2022 received today is attached herewith with this letter. (As Per BSE Announcement dated on 04.11.2022)