Pursuant to the compliance with Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (including any statutory modification(s), amendment(s) or re-enactment(s) thereof for the time being in force), we would like to inform you that BLS UK Hotels Limited, step down subsidiary of the Company, has acquired 100% share capital of Trefeddian Hotel (Aberdovey) Limited, a company incorporated under the law of England and Wales. As a result of this acquisition, Trefeddian Hotel (Aberdovey) Limited will become, directly and indirectly, a Step -Down Subsidiary of the Company ('SDS')