The Board of Directors of the Company in its meeting held on Friday, 24th November, 2023 has considered and approved the following business:-\r\n1. Authorized the Managing Director to further discuss and finalize the terms and conditions and sign a Joint Development Agreement, Shareholders Agreement and other relevant documents, as required, with M/s Asset Homes TCM Townships Private Limited for the Joint Development of up to 12 acres of our Company land at Kalamassery, Ernakulam.\r\n\r\n2. Transfer of advance received amounting to Rs.3 crore for Ulundurpet Land to Tuticorin Land for sale of the same (around 7 acres of land) and also authorized Mr. Ramesh Babu, Executive Director of the Company to sign all the required documents for executing the sale deed after final negotiation.\r\n\r\nThe meeting commenced at 03.30 P.M. and concluded at 04:15 P.M.\r\n\r\nKindly take the same on records.\r\n