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Cressanda Railway Solutions Ltd

Announcement under Regulation 30 (LODR)-Acquisition

05:54 PM, 3rd Mar 2023

Pursuant to Regulation 30 of SEBI (Listing and Obligation and Disclosure Requirements) Regulations 2015 we are enclosing herewith a copy of Letter of Intent. In line with our strategy to build a global business with software and technology services at its core we are interested in acquiring 20.1 % of the issued and outstanding equity interests of Cadcon Education Pvt Ltd and its subsidiaries free from all encumbrances (Proposed Transaction).The attached Letter of Intent is self - explanatory.

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