Shah Construction Company Ltd

Pursuant to Regulation 30 of SEBI (LODR) Regulations 2015 we wish to inform you that the Board of Directors at its meeting held today i.e. on 12th May 2023 have inter-alia considered the following matters.1. It is decided to appoint Sheth Homes Private Limited as the Development Manager in respect to the property of the Company situated at Andheri West subject to the revised draft of Development Management Agreement incorporating the terms and conditions as may be discussed and agreed between the parties. 2. Seeking a legal opinion with respect to payment of demand raised by the collector on 22nd September 2022 for Rs. 390620320/- (Rupees Thirty Nine Cores Six Lakh Twenty Thousand Three Hundred Twenty Only) and some of the properties of the company and bank accounts are attached by the collector.The meeting of the Board of Directors Commenced at 03.00 p.m. and concluded at 3.58 p.m.