It is to inform that the Board of Directors of the Company have accorded its approval for the sale of Companys non-core asset situated at Hubbali i.e. immovable property bearing Sy. No. 88 admeasuring 32 acres situated at Rayanal Village Hubbali Taluk Dharwad Dist Karnataka on such terms and conditions as set out in the Agreement to sell.The disclosure pursuant to the regulation under subject to the aforesaid sale is enclosed hereto as Annexure-A.This is for your information and dissemination.