The Board of Directors of the Company at their meeting held today i.e. March 20, 2026, inter alia, has-\r\n1. decided not to the execute of rent agreement for the new premises situated at Block no.9, Plot no.392 to 394, Shubham Textile Hub, Vill-Lindiad Ta-Mangrol Dis-Surat, Gujarat as approved in the board meeting held on 13th November, 2025. Hence, no such additional manufacturing facility will be set up at said premises.\r\n2. Approved the execution of a Rent Agreement in respect of the new premises situated at C-8 & C-9, Shivay Campus, Behind Heaven Party Plot, Puna-Valthan Canal Road, Kosamba, Surat-395013, Gujarat. The Board further authorized the Company to undertake such permanent and/or temporary constructions, alterations, or modifications at the said premises as may be required for business purposes.\r\n\r\nIt was also noted and approved that the Company shall establish its manufacturing facility at the aforesaid premises.\r\n\r\nThe meeting commenced on 04:00 P.M. and concluded on 5.15 P.M.