Pursuant to Regulation 29& 30of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we hereby inform you that a Meeting of the Board of Directors of our Company is held today i.e12.05.2023 at the Registered Office of the Company and the following resolution was considered: The Board has identified M/s. SGMC Systematics Corporation (SGMC) as a potential target having its Registered Office at 20D, ARI Drive, Somerset, New Jersey, 08873. The Meeting Concluded at 8.00 PM