The Board considered, and approved, the Draft of Slum Sale Agreement consequent to approval of the Members of the Company obtained at the Annual General Meeting of the Company held on 29' September, 2025, for sale and transfer of the business undertaking of the Company, comprising the business of manufacturing and trading activity of Agricultural Equipments and Bearings (Forged Rings) (including balance of plant) ('present Business') as a going concern on a slump sale basis (as defined under Section 2(42C) of the Income-tax Act, 1961), along with its respective assets and liabilities including the concerned licenses, consents, approvals, employees and contracts, to Forgex Rings Private Limited, a non- related entity.