Dear Sir/ Madam
Further to our letter dated June 9 2021 we are pleased to inform the following:
1. The subsidiary of the Company has on June 30 2021 completed the necessary closing conditions for 100% acquisition of Jampp (Ireland) Ltd. and its subsidiaries (Jampp). Further our step-down subsidiary has completed the necessary closing conditions for acquisition of 100% Tech IP assets of Jampp.
2. The Company has completed the necessary closing conditions for allotment of 1 674 CCPS (Series C1) of Bobble AI Talent Unlimited Online Services Private Limited (Bobble AI) and transfer of shares (comprising of Equity Shares CCPS Series A and Series B) from the shareholders of Bobble AI except for 360 equity shares which will get completed in due course.
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