We are enclosing herewith the Disclosure received by the Company under SEBI (Prohibition of Insider Trading) Regulation from Mr. Sujay Kewalramani CEO and member of Promoter Group of the Company in Form C with respect to Acquisition (Allotment) of convertible warrant on preferential basis and exercisable into or exchangeable for 1 Fully paid equity shares of the Company with face value of Rs. 10/- each within a period of commencing from 18 months from the date of allotment of Warrants by way of Preferential Issue by the Company.