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Netlink Solutions (India): Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 ("SEBI Listing Regulations")


we would like to inform that the Mr. Ganesh Parker Key Person driving the Fairact division/unit of Netlink Solutions (India) Limited (the Company) which was acquired in 2021 and which was engaged in backward integration of exhibition business has resigned with immediate effect todayIn view of resignation of Mr. Ganesh Parker the Fairact division/unit will no longer be in operations which will adversely impact the financials of the Company. It may be noted that all the intellectual property rights acquired pursuant to the Fairact agreements in 2021 continue to be under the ownership of the Company without any likely impact.The Company is exploring all appropriate legal remedies for breach of contract by Mr. Parker. This is for your information. Kindly take the same on record.

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