This is further to our earlier communication dated July 29th 2020 regarding approval of the Scheme of Amalgamation between Proaim Enterprises Limited (First Transferor Company); Axon Ventures Limited (Second Transferor Company); Rockon Enterprises Limited (Third Transferor Company) With Banas Finance Limited (Transferee Company) (Scheme) wherein we had informed that the Honble National Company Law Tribunal Mumbai Bench (NCL T MUMBAI) has passed an order on July 29 2020 inter alia sanctioning the Scheme.