02:24 PM, 12th May 2023
Pursuant to second proviso to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby inform you that the Board of Directors of the Company in their meeting held today i.e. on 12th May 2023 at the Registered Office of the Company which commenced at 10:00 A.M and concluded at 2:10 P.M. has considered and proposed a plan to manage entire Laundry operations (linen as well as washing and dry cleaning) for a Hotel Sahara Star a leading 5-Star Hotel located at Nehru Rd opp. Domestic Airport Navpada Vile Parle East Mumbai - 400 099 by investing into their in-house laundry and run its unit from within the hotel premises for a minimum period of 5 years. Further we inform that on approval from Hotel Management laundry operations likely to begin within 6 months.